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China's Huawei hit by last minute collapse of AT&T phone distribution deal

Reuters  |  HONG KONG 

By Sijia JiangHONG KONG (Reuters) - A deal under which U.S. carrier AT&T Inc was to have sold smartphones made by Huawei Technologies Co Ltd has collapsed at the eleventh hour, people with knowledge of the matter said, in a major setback for the Chinese firm's global ambitions.A separate person familiar with the discussions said that security concerns had arisen without elaborating further.AT&T was pressured to drop the deal after members of the U.S. Senate and House intelligence committees sent a letter on Dec. 20 to the Federal Communications Commission citing concerns about Huawei's plans ...

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First Published: Tue, January 09 2018. 14:05 IST
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