Tags: hatch | sprint | nextel | china | softbank

Hatch to Newsmax: Sprint Nextel Must Not Be Controlled by Hostile Power

Image: Hatch to Newsmax: Sprint Nextel Must Not Be Controlled by Hostile Power

Wednesday, 15 May 2013 10:23 AM

By Jim Meyers

  Comment  |
   Contact  |
  Print  
|  A   A  
  Copy Shortlink
Republican Sen. Orrin Hatch of Utah tells Newsmax he is "concerned" about a bid to buy telecom giant Sprint Nextel Corp. by a foreign company with ties to a Chinese firm accused of launching cyberattacks on the United States.

The Japanese conglomerate SoftBank Corp. announced in October that it was seeking approval from the United States for a $20 billion purchase of a 70 percent stake in Sprint, America's third-largest cellphone provider.

Last month Dish Network, an Englewood, Colo.-based satellite TV company, challenged SoftBank's bid for Sprint, offering $25.5 billion for the entire company. The reason for concern is SoftBank's close financial and other links to the Chinese telecom firm Huawei.

In October 2012, the House Intelligence Committee concluded that U.S. firms should not do business with Huawei or another Chinese telecom firm, ZTE, because of their extensive ties to the Chinese government, and also found that the two firms posed a major cybersecurity threat to U.S. intellectual property.

In an exclusive interview with Newsmax TV, Sen. Hatch comments on the committee's findings and the proposed SoftBank deal: "If those things are true, of course I'm concerned about it. Even if they're not true, I'm concerned about people saying these things.

"But we cannot tolerate cyberattacks no matter what the arguments are. I hope that's not true, but I wouldn’t put anything past the people involved."

On Monday, former Arkansas Gov. Mike Huckabee told Newsmax the SoftBank offer "definitely needs to be not only scrutinized, it needs to be curtailed without some clear understanding as to what the implications could be.

"We know that China has been illegally eavesdropping. We cannot afford to allow something as significant as our communications networks to be in the hands of a country that has proven not to be trustworthy when it comes to information."



© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Obama Sought Immigration Order for 'Fullest Extent' of His Legal Authority

Friday, 28 Nov 2014 22:11 PM

Months before his landmark announcement about executive action on immigration, President Barack Obama entered into disc . . .

Rick Perry Revs Up Campaign for 2016

Friday, 28 Nov 2014 21:33 PM

Texas Gov. Rick Perry will spend his last month in office meeting with more than 500 major GOP bundlers and donors in De . . .

Pope Francis Heads to Istanbul in Symbolic Visit

Friday, 28 Nov 2014 21:21 PM

Pope Francis on Saturday heads to Istanbul for the second leg of his first trip to Turkey, in a richly-symbolic visit se . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved