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Rap Sheet

Author:

LongTerm CapGains

Subject:

News

Date:

12/06/18 at 7:15 AM CST

 

 

READ: 4

RPLY: 1

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Sentiment:

Neutral

Huaweii CFO Arrested in Canada

The US is claiming Huaweii violated the Iran santions, it is asking Canada to extradite the CFO.  She is the daughter of the Huaweii founder, no less! I am sure he is extremely well connected with the top brass in the Chinese communist party.

That said, both Ericson and Nokia now stand even better chances to grab more contracts across the EU and maybe even some Asian countries.  BTW, BT in the UK has now stated that Huaweii will not be allowed to sell Core equipment, only access side equipment.

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