2018-05-04 06:29:00 Fri ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
Commerce Secretary Wilbur Ross suggests that 5G remains a U.S. top technology priority in light of the telecom merger proposal between Sprint and T-Mobile as well as President Trump's ban on the Broadcom-Qualcomm merger. Ross highlights the strategic importance of 5G wireless communication as part of the core national economic security agenda. The recent telecom merger plan between T-Mobile and Sprint can help propel AT&T and Verizon into more active pursuit of 5G technology. This $26.5 billion all-stock merger caps 4 years of on-and-off merger talks between the next largest U.S. wireless carriers behind AT&T and Verizon.
U.S. regulatory agencies are likely to grill these tech firms on how they plan to price wireless service packages. Both wireless carriers expect to invest $40 billion over the next 3 years to upgrade their wireless networks to facilitate 5G communication technology. The joint company would encompass about 120 million subscribers within the current wireless networks of T-Mobile and Sprint. Network effects and externalities can spill over to benefit the next consumers who then enjoy the fruits of healthy and intense competition between T-Mobile and AT&T and Verizon. The Federal Communications Commission proposes new auctions of high broadband spectrum to speed up the launch of next-generation 5G networks.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2024-07-31 09:28:00 Wednesday ET
In the modern monetary system, each new CBDC helps anchor public trust in money in support of economic welfare, especially in a cashless society. In our
2017-12-13 06:39:00 Wednesday ET
The Federal Communications Commission (FCC) has decided its majority vote to dismantle rules and regulations of most Internet service providers (ISPs) that
2019-05-09 10:28:00 Thursday ET
President Trump ramps up 25% tariffs on $200 billion Chinese imports soon after China backtracks on the Sino-American trade agreement. U.S. trade envoy Robe
2016-11-08 00:00:00 Tuesday ET
Donald Trump defies the odds to become the new U.S. president. He wants to make America great again. He seeks to repeal Obamacare. He has zero tole
2018-09-07 07:33:00 Friday ET
The Economist re-evaluates the realistic scenario that the world has learned few lessons of the global financial crisis from 2008 to 2009 over the past deca
2019-10-07 12:35:00 Monday ET
Federal Reserve reduces the interest rate by another key quarter point to the target range of 1.75%-2% in September 2019. In accordance with the Federal Res