Finland's Wireless Fast Track Thanks in large measure to mobile handset pacesetter Nokia, this small nation, about the size of Montana with a population of some 5 million people, is where the rest of the world looks for wireless guidance. But so far no one is willing to put it together. Printer friendly version.
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Responding to the FCC vote, Sen. Ernest Hollings, D-S.C., said he intends to introduce legislation to force any telecom partially owned by a foreign government to either divest its U.S. telecommunications assets or reduce the foreign government stake to less than 25 percent by Dec. 31. Though that government has promised to divest its stake to less than 25 percent, few expect the stock sales to be completed by year's end. As a result, it is simply unfair to allow these state-owned companies to compete against other private companies. Hollings' threats are not taken lightly in Washington. Though Republicans control Congress and the White House, the South Carolina Democrat is adept at attaching measures he wants to must-pass legislation, such as annual appropriations bills.