U.S., Brazil in talks on funding to buy 5G gear from Ericsson, Nokia: paper

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U.S., Brazil in talks on funding to buy 5G gear from Ericsson, Nokia: paper
France Dernières Nouvelles,France Actualités
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The United States is in talks with Brazil and its local telecommunications companies on funding the acquisition of fifth-generation gear produced by Ericsson and Nokia, U.S. ambassador for Brazil Todd Chapman told Brazilian newspaper Folha de S.Paulo.

In an interview published on Thursday night, Chapman said this type of funding is a matter of “national security” to Washington and aims to “protect data and intellectual property, as well as sensitive information of nations”.

In August, Reuters reported Huawei would invest $800 mln to build another factory in Brazil’s Sao Paulo state by 2022, pushing to ramp up its Latin American footprint despite U.S. objections.

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