NEW YORK — A high-drama telecom deal is heading to court. T-Mobile, in its attempt to buy Sprint for $26.5 billion, has already notched approvals from key federal regulators. Now it must convince a federal judge that attorneys general from California and 13 other states suing to stop the deal are wrong....
Huawei Says US Sanctions Will Cost It Billions in Revenue
SHENZHEN, China — Huawei's founder said Monday that the Chinese telecom giant's revenue will be $30 billion less than forecast over the next two years, as he compared the company to a "badly damaged plane" as a result of U.S. government actions against it. "We never thought that the U.S.'s...