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Jesse — US Government Considers Nationalizing US Cellular Network And Unifying Upgrade to 5G Next Generation Wireless

Summary:
Speculation at his point, but if the US doesn't do something like this, China will leave the US seriously in the dust. Jesse's Café AméricainUS Government Considers Nationalizing US Cellular Network And Unifying Upgrade to 5G Next Generation WirelessSee also President Donald Trump’s national security team is looking at options to counter the threat of China spying on U.S. phone calls that include the government building a super-fast 5G wireless network, a senior administration official said on Sunday…. Earlier this month, AT&T (T.N) was forced to scrap a plan to offer its customers handsets built by China’s Huawei [HWT.UL] after some members of Congress lobbied against the idea with federal regulators, sources told Reuters.... "We want to build a network so the Chinese can’t listen to

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Speculation at his point, but if the US doesn't do something like this, China will leave the US seriously in the dust.

Jesse's Café Américain
US Government Considers Nationalizing US Cellular Network And Unifying Upgrade to 5G Next Generation Wireless

See also

President Donald Trump’s national security team is looking at options to counter the threat of China spying on U.S. phone calls that include the government building a super-fast 5G wireless network, a senior administration official said on Sunday….
Earlier this month, AT&T (T.N) was forced to scrap a plan to offer its customers handsets built by China’s Huawei [HWT.UL] after some members of Congress lobbied against the idea with federal regulators, sources told Reuters....
"We want to build a network so the Chinese can’t listen to your calls,” the senior official told Reuters. “We have to have a secure network that doesn’t allow bad actors to get in. We also have to ensure the Chinese don’t take over the market and put every non-5G network out of business.”
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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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