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在线翻译:
szdaily -> Business/Markets -> 
US buying Huawei rivals dismissed
    2020-02-10  08:53    Shenzhen Daily

U.S. Vice President Mike Pence and the top White House economic adviser Friday dismissed an unusual suggestion from U.S. Attorney General William Barr that the United States consider taking control of two major foreign rivals of China-based Huawei Technologies Co.

Barr, a former general counsel at Verizon Communications Inc., said Thursday the United States and its allies should consider taking a “controlling stake” in Finland’s Nokia and Sweden’s Ericsson to counter Huawei’s dominance in 5G technology.

White House economic adviser Larry Kudlow added later Friday that the United States was working closely with Nokia and Ericsson, saying the companies’ equipment was essential to the buildout of 5G infrastructure.

But he said the “U.S. Government is not in the business of buying companies, whether they’re domestic or foreign,” adding that “there’s nothing to prohibit American tech companies from acquiring” them.

Pence earlier in the day suggested an alternative approach when asked by CNBC for his response.

“Great respect to Attorney General Barr, but we believe the best way forward is what Ajit Pai announced just over the last several days,” Pence said, referring to the U.S. Federal Communications Commission’s chairman’s efforts to free up more spectrum for 5G wireless use.

“That’s the plan the president has endorsed and will be carrying forward,” Pence said, adding that the United States can expand 5G “by using the power of the free market and American companies.”

Nokia and Ericsson have a combined market capitalization of about US$53 billion and it is unclear what source of funds the U.S. Government could potentially tap to take stakes in the firms or if foreign regulators would approve.

In a remarkable statement underscoring how far the United States may be willing to go to counter Huawei, Barr on Thursday disclosed proposals “by the United States aligning itself with Nokia and/or Ericsson.”

Barr said the alignment could take place “through American ownership of a controlling stake, either directly or through a consortium of private American and allied companies.”

Barr said that “putting our large market and financial muscle behind one or both of these firms would make it a far more formidable competitor and eliminate concerns over its staying power, or their staying power.” (SD-Agencies)

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