Federal Communications Commission bans China Telecom
The United States bans China Telecom. This was revealed last night by a message from the American administrator.
The Federal Communications Commission has banned China Telecom from doing business in the US due to concerns about national security. China Telecom is a state-owned company.
China Telecom will be given 60 days to stop its operations in the US.
Earlier this year, the stock exchanges of China Telecom, China Mobile and China Unicom were already halted by The New York Stock Exchange.