Huawei gets out of the subsea game
A filing with the Shanghai Stock Exchange has revealed Huawei will be selling its marine cabling business, the first divestment since relationships turned sour with the White House.
A filing with the Shanghai Stock Exchange has revealed Huawei will be selling its marine cabling business, the first divestment since relationships turned sour with the White House.
Verizon Communications, the parent company of US operator Verizon Wireless, is about to sell off some of its assets including mobile towers and parts of its fixed-line business, a report by the Wall Street Journal has claimed. The company is said to be selling the assets in several separate deals whose value could be over $15 billion.
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