Verizon Dropping Huawei Plans, Too – Report
The US government has reportedly warned Verizon off plans to sell Huawei smartphones domestically, after AT&T was told to cut ties with the Chinese vendor earlier this month.Bloomberg reports Verizon Communications Inc. (NYSE: VZ) has dropped plans to sell phones by Huawei Technologies Co. Ltd "under pressure from the US government," Bloomberg says, citing sources.
This swiftly follows a similar deal with AT&T Inc. (NYSE: T) for Huawei falling apart, also reportedly under government pressure. (See AT&T Warned to Cut Ties With Huawei – Report and Huawei Still Knocking on US Door – but AT&T Deal Thwarted.)
Huawei has been trying to raise its smartphone profile in the US, especially for its flagship Mate 10 Pro. The death of device deals with the two largest US mobile operators will, however, put a damper on those ambitions.
— Dan Jones, Mobile Editor, Light Reading