Huawei and ZTE, two multi-national telecommunications companies based in China, are under fire by the United States and other governments over the companies' ties to the Chinese government. ZTE nearly shut down last year over an import ban, and now it and Huawei may be prevented from selling telecommunications equipment to the United States.
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The cellular network business is one of the most competitive in the world, but it's also one of the most lucrative, and it's only growing. That being the case, it's not surprising that American telecom giant Comcast may be looking into entering this hotly-contested market. According to a report on The Information, Comcast is hoping to use its huge userbase of home Internet customers to create a combination Wi-Fi and cellular network, competing directly with carriers like AT&T, Verizon, Sprint, and T-Mobile.
Amir Efrati reports:
Read MoreComcast officials recently told people outside the company that it was considering a mobile phone service, which would rely on a combination of Wi-Fi and leased capacity on cellular networks...
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