The Federal Communications Commission has revoked the license that allows China's largest telecom operator to do business in the U.S., citing national security concerns, dealing the latest in a series of blows against major Chinese businesses in the country.
The Federal Communications Commission has revoked the license that allows China's largest telecom operator to do business in the U.S., citing national security concerns, dealing the latest in a series of blows against major Chinese businesses in the country. The FCC said it was taking action against the state-owned China Telecom Corp.'s U.S. business because the company was "Subject to exploitation, influence, and control by the Chinese government."