Rep. Rush Holt: Sprint Deal ‘Troubling’.

Rivers of Hope

The potential takeover of cellphone giant Sprint by a Japanese company with strong ties to China is a disturbing development for the security of the nation’s communications systems, Rep. Rush Holt of New Jersey tells Newsmax.

“It’s troubling,” Holt told “The Steve Malzberg Show” on Newsmax TV.

“All of the messing around in cyberspace is troubling, whether it’s by a country that is up to no good or whether it’s some malicious individuals or a group.”

This week, the U.S. Treasury’s Committee on Foreign Investment in the United States concluded an investigation into a takeover of Sprint by Japan’s SoftBank and found no “unresolved national security issues.”

Critics of the deal are concerned by SoftBank’s relationship with China’s Huawei, a supplier of equipment with alleged ties to the Chinese military. But SoftBank has now agreed to cut ties with Huawei for those supplies.

Related: Dish…

View original post 181 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s