WASHINGTON (Reuters) – U.S. Vice President Mike Pence on Friday declined to endorse an unusual suggestion from U.S. Attorney General William Barr that the United States consider taking control of two major foreign rivals of China-based Huawei Technologies Co Ltd.
Barr, a former general counsel at Verizon Communications Inc (VZ.N), said on Thursday the United States and its allies should consider taking a “controlling stake” in Finland’s Nokia (NOKIA.HE) and Sweden’s Ericsson (ERICb.ST) to counter Huawei’s dominance in next-generation 5G wireless technology.
Pence suggested an alternative approach when asked by CNBC for his response.
“Great respect to Attorney General Barr, but we believe the best way forward is what Ajit Pai announced just over the last several days,” Pence said, referring to the Federal Communications Commission’s chairman’s efforts to free up more spectrum for 5G wireless use.
“That’s the plan the president has endorsed and will be carrying…
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