The US Government has moved to block China Mobile, the world's biggest telecommunications carrier, from providing services to the American market, asking the Federal Communications Commission to block the telco from obtaining a licence to operate in the country.
An official at the US Commerce Department says Chinese telecommunications company ZTE Corporation will pay US$400 million into an escrow account within the “next couple of days”, the final step it is needed to take to have a seven-year ban lifted.
The saga of Chinese telecommunications firm ZTE Corporation does not seem to be over yet, with the US Senate delivering a punch in the face to President Donald Trump with the passage of legislation that reinstates a seven-year ban on the company.
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