SoftBank – Sprint merger: Dish urges U.S. government to consider security aspects

Telecom Lead America: Dish Network has urged the U.S. government to take a relook at the security concerns that will emerge if Japenese SoftBank buys telecom operator Sprint.

Dish Network’s response is a reaction to the security clearance from the Committee for Foreign Investment in the United States (CFIUS) for SoftBank’s acquisition of Sprint Nextel.

Dish is also the fray to buy Sprint.

READ: TelecomLead.com’s views on Dish Network-SoftBank move for Sprint

“We believe the U.S. government should proceed with deliberation and caution in allowing assets of national strategic importance — such as the Sprint fiber backbone and wireless networks — to be owned and operated by a foreign company with significant ties to China. Oversight and accountability for these assets are critical at a time when offshore cyber attacks, including the hacking of weapons systems designs, continue to rise. Congress should take a close look at the CFIUS review process in this instance,” said Stanton Dodge, executive vice president and general counsel, Dish Network.

READ Dish’s response HERE

picture source: dailyfinance.com

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