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Us Telecom

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US Telecoms on High Alert Amid Unprecedented Chinese Cyber Threat
politics1 year ago

US Telecoms on High Alert Amid Unprecedented Chinese Cyber Threat

US national security officials met with top telecom executives at the White House to address a significant Chinese cyber-espionage campaign targeting major US telecom providers. The hackers have infiltrated networks to spy on phone calls and texts, posing a major national security challenge. The meeting aimed to enhance defenses and share intelligence on the operation, which has affected senior political figures, including President-elect Donald Trump. The FBI has identified fewer than 150 victims, but the scope of the breach is still under investigation. China denies the allegations, while US officials continue to counteract Chinese cyber activities.

Amazon's talks with telecom giants send stocks tumbling.
business2 years ago

Amazon's talks with telecom giants send stocks tumbling.

Amazon is reportedly in talks with US telecom firms to offer low-cost wireless services to its Prime members, which could lead to major disruptions in the telecom space as it could offer cheaper plans in a country with some of the highest wireless charges in the world. The talks could include a possible tie-up with Dish Network. Verizon, AT&T and T-Mobile fell between 3 percent and 8 percent, while Amazon’s shares rose more than 2 percent. Dish’s shares defied the sectoral gloom to rise 22 percent.