NetCompetition: Google & Softbank Are the Impetus Behind a Nationalized 5G Wireless Network
FOR IMMEDIATE RELEASE, January 29, 2018, Contact: Scott Cleland 703-217-2407
The Primary Beneficiaries of America Nationalizing a 5G Wireless Information Highway Would Be: Google’s Monopoly Information Access, Android Mobile Operating System, & Google Maps/Waze; and SoftBank’s ~$60b holdings in China’s Alibaba & $100b Telecom/Tech Venture Fund
WASHINGTON D.C. – The following may be attributed to Scott Cleland, Chairman of NetCompetition:
“An analysis of the Axios-reported memo proposing to build a nationalized 5G wireless network makes it clear that Alphabet-Google and SoftBank are the moving force behind it. The proposal obviously would benefit their interests first and foremost and it goes in the exact direction they have lobbied for over the last several years.”
“It is especially ironic and troubling that Softbank and Alphabet-Google are the apparent impetus behind this proposal for a secure wireless transportation network to compete with China and be secure from Chinese snooping.