we invest far more in our end d than nokia and ericsson. they need to invest more.ompetition is critical for innovation and risk. maintaining the capabilities to support our communications systems that we are going to come increasingly reliant on in the future. john: you talked about the test for backdoors. the trump administration has been saying that is not possible. they put out documents last month saying that the code is changing all the time, there is no way to look at that, do you see that as incorrect information they are spreading? andy: it is part of the mischaracterization about the way 5g and 5g standards are going to work. we are going to update our equipment the same way you update a phone. it will be tested before it is updated. so they are incorrect about it. we can manage the risk as a nation much more effective at that. peter: andy purdy is the chief security officer for huawei usa and john hendel covers tech for politico. thank you for being on "the communicators." ♪ >> the house will be in order. >> for 40 years c-span has been providing america

ericsson or nokia but that will take time and take longer.huawei you need to get rid of the legacy equipment from previous technology. it will mean a delay. delay is not that big an issue in my view because 5g is not so issue in my view because 5g is not so much about the consumer bit about enterprise. so part of the evolution to that means 5g in cooperation with the internet of things and artificial intelligence. but operators need to make the decision right now, they it takes time to rollout. we are talking about multi—year multibillion—dollar investments and operators need to decide now which fenders they can use. decide now which fenders they can use. you mention the impact the delay would have. if only 1% of hand sets sold last year where 5g compatible, we will have to replace everything before we can even make use of it. exactly. 1% is mostly because there is one major player, apple. when we get a 5g iphone you will see a spike. but a lot of other equipment will need to be replaced. but it is not so much about the consumer it is about t

we invest far more r&d than nokia and ericsson. i'm worried. they need to invest more. because competition is critical for innovation, risk, and resiliency, maintaining the capabilities to support our communications systems that we are going to come increasingly reliant on in the future. john: one other piece you talked about is to test for backdoors and things like that. the trump administration has been saying that is not possible. they have been putting out documents in the last month, i believe, saying the code is changing all the time, there is no way to look at that. is that just more of what you would see as incorrect information they are spreading? andy: it is part of the mischaracterization about the way 5g will work and the way 5g standards are going to work. we are going to update our equipment the same way you update a phone. it will be through the operators and be tested before it is updated. so they are incorrect about it. we can manage the risk as a nation much more effective at -- effectively than that. peter: andy purdy is the chief security officer for

the two main partners, the players in the game at the moment seem to be ericsson and nokia.n—telecom engineers‘s description of the 5g structure to explain huawei position? the main changes with 5g huawei position? the main changes with 56 are on the outside of the network. this is what people think of the cell tower that they might see at the end of the straight. the core is the central processing pet of the network, where your billing is done, were called to richard from one person to another. because of that openness it is much more sensitive. the functions that happen within there, if somebody was able to control them, you could cause problems for all those people connected around the outside. the area where huawei is looking to be placed will be on that kind of edge, producing things like the antenna and the radio access points that you will then see on the buildings at the end of the road. by all the fuss about 5g ? tech the end of the road. by all the fuss about 5g? tech macro is being used in all the bt infinity cabs supplied broadband networks to people's homes? the

measures they can use to help manage the risk, whether it is from huawei equipment, or nokia or ericsson. so those kinds of discussions, i think, are very helpful. they said to the government that the efforts to do what they call rip and replace, which is pending legislation coming up this year, that the amount of money's that have been discussed are not nearly enough, and it is going to take a lot more time and likely put some out of business. host: andy purdy, when you talk about rip and replace, how much equipment -- huawei equipment is being used in the states right now? andy: i am not sure i can give a number. we have -- of the 60 smaller suppliers, about 40 at tier three, the smallest carriers for internet and wireless service. about 40 of those are in rural america, underserved america, so it is smaller communities where schools and colleges and companies depend on our technology and the service through these carriers to do business, but it is a relatively small amount of income. but we are committed to continue to support those rural customers if we are allowed to do that. >> we

contracts every day and we lose him around the world and lose him in china because china allows ericsson and nokia to compete so we have to be competitive and meet our customer requirements and got to sustain our growth and improve our capabilities as individuals and companies and we got to optimize the efficiency of our company and try to get rid of dead wood and hold our frontline more accountable and drive progress over like any major company trying to meet the challenges of the world but it's impacted by the fact that these american companies most can't buy from us, no question, and it's impacted by the fact that we can't buy from google. coming up with a huawei mobile service alternative to google is a major priority of the company and difficult and takes time, not just to great the technology but, as you know, you got to test it. some things take time. you can't have nine women make a baby in one month. things take time. that will have an impact on our growth and some of our growth in 2019 was based on momentum from the past but the momentum is gone and so we are not going to get t

tell me where all the other event is where the alternative supplies what's happened to nokia to ericsson. yeah well obviously those are european ones and the reality is all that nokia has been very successful using western techniques to acquire this thing called trucks with governments all over the world very successful in the number one in market share and they raced ahead the irony here is that they've they've beaten the americans if pains to the 5 key rice i often call them the tesla of telecoms which is probably slightly overplaying it but commercially we just got to look for all time this is we see what does governors over the side as well as the 35 percent restriction of the market as over the next 2 to 3 days in the european union there will be gulled sanish his for private public partnerships across the union bloc of countries it will take time but if we can regulate this and manage this is possible. from the work business will thank you very much. and you just coming in before we leave aircraft manufacturer boeing has reported its 1st annual loss in over 2 decades the lengthy gr

ericsson, nokia, that type of thing.ver going to wa nt the borisjohnson is never going to want to look like he is trumps poodle. the decision is apparently on tuesday. probably one of the most ill—conceived source quotes i have ever seen. whoever ill—conceived source quotes i have ever seen. whoever said this should be ashamed. huawei's next weeks chinese virus. that should not... somebody would have said that because no—one would make it up. it is obviously comes from someone who thinks they are being clever. it you made the point that it is notjust a row with trump but there is tension within the cabinet. absolutely. and other issues as well. a huawei decision on tuesday, government sets nationalised northern rail, final meetings on the fate of h s two, all in the build up to 11 o'clock on friday and laser shows. will this spoil brexit if he has these other things that are not coming together? it gives him the opportunity to be assertive. if he says yes or no to hsz assertive. if he says yes or no to h52 and if he says

ericsson's us with the amazon rain forest has been turned into soybean fields. that you feel. it. respect. we've thought. but. once in 2003 eric was called on to give emergency treatment to a drs woman suffering from a brain injury. he borrowed a plane from a friend and immediately flew to the rescue there was a small field hospital on a landing strip near to the tribes land however the flight was illegal and made it eric's own risk evacuated the woman to the hospital operated and flew her back 2 days later in so doing he became a personal doctor today the zoe are a model for the brazilian government's approach to tribal people the situation was very different in the late eighty's however when their very existence was threatened. after a visit from missionaries caused half the tribe to die from viral infections the state took them under its protection. the main ritual in the zoe's life involves piercing the lower lip. a ceremony carried out once children have developed their adult teeth. piercing is made with a mechanic's leg. which is then left in the live for some time. later it

let's see what happens but i do feel that nokia and ericsson cannot be given up on.e only way we're going to be able to not stop huawei but have a competitive offering ericsson and nokia are not as good technologically and more expensive. david, you have some great too is in japan. japan is trying to work on a software package that makes it so you can have your towers do, software and be ahead of huawei. >>> we're get willing headlines from xinhua the chinese agency, they'll follow through on the deal to obtain tangible results, one of the first thorough read-throughs on that front from the chinese side obviously a lot more to be learned as we get closer to the signings >>> b of a better than expected quarterly results helped by a 25% jump in fic, goldman a revenue beat and the litigation charge shaved a bit off of their reported number of 469 we were looking for 547. we don't know whether the street was taking that into account >> $1.24 billion in regulatory proceedin proceedings, diluted eps by 316 in the release here and return on equity by 1.5%, 150 basis points

in comparison, nokia and ericsson, the firm's main 5g competitors, each just spent one—third of thatto the importance of providing an alternative to huawei. but in legislation proposed to congress this month, only $ibn was outlined for annual 5g investment. peanuts compared to huawei's annual spend. a short time ago i spoke to huawei's communications director, ed brewster. i asked him if the company was only ahead because of the support it had received from the chinese government. no, absolutely not. huawei is ahead because of the amount of money we have invested into research and development. in 2018, we invested over $15 billion into research and development and in 2019, that number will have been even higher. 0ur leadership comes from the commitment investment and innovation and development of new technology. that is what has given us leadership in mobile technologies. what we offer is the network equipment that telecoms operators use right across europe, as well as in the uk. you cannot shake off those national security consensus top let me read you something from a us senator,..

american company that can replace cool way and that's part of the problem right you've got who away ericsson and nokia and that's about it. right well it's going to take some time for american or european or other so-called trusted countries. companies to come up with alternatives to some of the 5 g. infrastructure that has developed you know we have to face the fact that that company even though it has plenty of documented misdeeds in terms of ip theft and human rights violations they've built some pretty compelling product so it's going to take some time and people also need to remember you know the spies and cyber criminals and others are going to be breaking into whichever kit gets installed around the world and that those risks have to be managed one way or the other great we've got about a minute left i want to ask you about germany germany is watching the u.k. german chancellor merkel she refuses to ban who way but her coalition government parties they want the band to call any prediction on what today's decision in the u.k. will mean for germany's decision well it might depend in par

we invest far more in rd that gnocchi and ericsson. they need to invest more because competition is critical for innovation, risk and resiliency. maintaining the capabilities to support our communication systems that will become increasingly reliant on in the future. >> one of the peace you talk about, to test for backdoors and things like that, the to administration has been saying that's not possible. they've been putting up document the last month saying the code is changing all the time, there is no way to look at that. is that just more of what you would see as very incorrect information that they are spreading? >> guest: that's part of the ms. kuster ration of the way 5g will work and the way 5g standards are going to work. they will not update our equipment the same we update the phone. it's going to go through the operators and be tested before it's updated. they are just incorrect about the reality. we can manage the risk estimation much more effectively than that. >> host: andy purdy is a cheap secured office of fortran what

also foot the bill for the and and this is a cost that huawei has to bad that its competitors don't ericsson nakia they don't subject the same level of scrutiny and what qualities be. is that well everybody should be subject to the same level of scrutiny and this should become the industry stand it or i know say those points to richard is the u.s. concern over weiwei really just security or as perhaps simon is characterizing it it's been more than transparent it's invited even 3rd party regulation or supervision of what it's doing are perhaps commercial interests more at play for the us. you know i would i would say i would agree that they've been transparent and actually i went to our headquarters last month and they gave us a tour and beijing and they made that same point that they were happy to undergo any security view is and they just want everyone else to bear the same costs and so on it's but the challenge is i don't think you know there clearly that the trump ministration and previous generations are very concerned about u.s. economic competitiveness and try to push us companies i th

while nokia and ericsson also involved in the development of the uk's five g. network the tentacle industryd warned that banning while way out right would have cost the country billions of dollars and delayed the rollout of five g. michigan on the day's trading action now wall street rebounded from monday's sharp selloff. a d dow jones had its worst session of the year on monday a but managed to rally about two hundred points by the close. the tech sector outperformed the nasdaq up by nearly one and a half percent at the closing bell. earlier the major european indices rose as well we saw gains of about 1% across the board. investors around the world have worried about the japanese corona virus and it's possible reach if the virus continues to spread it will a bigger impact on the markets. as well as industrial production tourism ultimatelyy the global e economy. managing director of the international monetary fund has been speaking about a threat to front twenty. it continues in a way that disa unabated for some time we will see in fact even if it is. stopped to moral. de has already been

one is huawei, another is ericsson.ely on two for reasons of resilience. a third is a necessity and at the moment, it seems to be huawei. hopefully the market will respond to calls for more diversification so there will be a better choice in the future. senator, a.s. republican senator said last night the special relationship is just less special now. how do you respond to that? nicky: i don't agree with that. veryw there are strong feelings in the u.s. with relation to china, but there are many areas where we cooperate very fully and not in different ways with the u.s. that special relationship will remain, especially in london this morning. areas we many other will be cooperating. i hope we can cooperate in this area because with the u.s., we can get more suppliers into the market to help us so we don't have to make this choice in the future. matt: thanks so much for joining us this morning. we appreciate your time. nicky morgan is the u.k. secretary of state for digital culture, media, and sport. that is it for the e

keep an eye on ericsson.issing around uncertainty around t-mobile and sprint and if they would tie up. phone companies in the u.s. are reluctant to spend on infrastructure. bayer,omething to lift settling all of its roundup cases for $10 billion. investors typically like that kind of certainty. lowerthe price tag is than some would have expected. there are some court cases that awarded more than that better on appeal. rising in the premarket on that settlement update. this is bloomberg. ♪ anna: good morning, a minute to go until cash equity trading. make no assumptions, christine lagarde tells bloomberg as the ecb works on its strategic review, policy is very much up for debate. >> let's look at the facts, let's look at the economy evolves. we need to be fact driven and clear in our communication. it will be on autopilot. riseschina's death toll to 25 from the coronavirus. the government expands its travel ban to 12 cities and 30 million people. discussions for its claims for $10 billion. matt: we are saying

there are big companies like nakia and ericsson who are well established in fairness they haven't always kept up with the pace of speed with power in terms of the price the equipment the quality equipment and the size of the equipment we also got something emerging but i think the best solution really for the network operators have a mixed base a supply of 5 g. isn't just about half the data on our mobile phones it's about immersive education it's about self driving because it's about smarter cities the list goes on if you believe the hype eventually simply need 5 g. but it requires a vast the new infrastructure and that comes at a price. claims its equipment is cheaper than its competitors and uses less energy giving its a potential edge in the developing world who are way sign 5 g. contracts in more than 30 countries from russia to iceland switzerland to south africa the u.k.'s propose some restrictions on huawei technology germany and france a tail increased cyber security measures several countries are still on the fence about possible be given the potential cost to consumers the tec

she crossed the atlantic in september 936 in the difficult ericsson flying against the wind from england to america. before taking off in london she said these words to the assembled press. back there. right there at the other. barrel mark him had bad luck but survived her feline froze over the atlantic and she almost crashed miraculously she was able to reach nova scotia where she crash landed the plane's nose got stuck in a people. fortunately marken was only slightly injured. she feared the crowd. would disqualify her record attempt but it didn't. occur plain brought her to new york the next day where her arrival was celebrated. like mad at. their own work and was a professional pilot in east africa crossed the african bush accompanied safari and flew mail after she retired from her pilot career she withdrew from the public eye and wrote books her memoir west with the night became a best seller. aviation records usually brought fame to those who set them they also paved the way for commercial aviation mail planes with the 1st to regularly fly between europe and america flying saves ti

networkinge mobile infrastructure players like ericsson and nokia, this is actually quite good, becauseink about the 4g history, huawei has slowly been taking market share away from nokia and ericsson, and we also saw motorola, which was one of the original vendors. so byla disappeared, providing a cap on mobile infrastructure for huawei, this allows nokia to thrive. from bloombergo, intelligence, thank you so much for joining us. coming up on the next hour of daybreak asia, we will have a former director of the centers for disease control and prevention to discuss the latest on the deadly coronavirus. stay with us for more on that. this is bloomberg. ♪ >> from bloomberg's world headquarters in new york, i am shery ahn. you are watching "bloomberg markets: asia." our top stories this hour, the u.s. widens china's travel restrictions as the coronavirus proves hard to stem. hong kong suspends travel from the mainland with more than 100 people now confirmed dead. investors seem less worried. u.s. stocks climbed the most in october and the s&p 500 rebounds from its worst selloff in four mon

, not to say that nokia, ericsson, samsung cannot compete, they are already installing sg compete, theyissue. how will historyjudge today on this decision? i believe it is a little bit like the trojan horse story, once the trojan horse is inside the city gates and the gates are shut, you cannot of the horse. once this huawei kit is on the edge of the network even if it is up to 35%, onceit network even if it is up to 35%, once it is installed and transmission stations around the country, breaking those contracts will be extremely difficult and it is going to be a very long product process to try and stop that from happening. the belief in government clearly as security agencies are on top of this, gchq leader, any perceived threat we can deal with. do you share that optimism? gchq and the national cybersecurity centre have said they do not want any of this huawei kit anywhere near nuclear weapons sites, power stations, military bases but the government appears to be quite happy for it to be sitting next to your house. how do you feel about that? thank you. the coronavirus has now killed

because telecom carriers were worried reduce competition would lead to price gouging by nokia and ericsson residents can pick from three main suppliers. cauterize is the most sensitive parts of the network , and a law was introduced in china three years ago that compels companies to assist the state with espionage efforts. that is what motivated u.s. fears. this is a deal the u.s. should be able to get behind in private, if not in public. the commissioner of internal markets and services is expected to unveil similar guidelines on the decision in britain. coming up, more on apple's first-quarter earnings. the tech giant coming out with better guidance and revenue. ceo tim cook on the call touting exceptional demand for the iphone this quarter. this is bloomberg. wasur record performance fueled by iphone where december quarter revenue was up 8% year-over-year, and by our fifth consecutive quarter of double-digit growth outside of iphone, including a new all-time record for services and another blowout quarter for wearables. ♪ and they lived happily ever after. the end. the end might not be

. >> this american-made ericsson airplane is the largest helicopter being used in the australian wildfiresre used on a daily basis in new south wales alone. how massive are they? >> miles, kilometers, miles, stretching, just a massive wall of fire. >> getting a standing ovation. >> bolstering our numbers and expertise, we appreciate it in australia. >> firefighters across the globe are the same thing. we are in this together. jillian: the interagency fire center in the us sent over wildfire personnel from the u.s. forest service and the department of the interior, part of a partnership between australia and new zealand and the united states going on for more than 15 years and we have seen firefighters from other countries as well. i interviewed pilots from canada. rob: we appreciate it. jillian: it is 25 after the hour, new questions surface about a decision to dump get fuel over a playground. >> you don't need to dump fuel or anything like that? >> negative. we will do five right. >> reporter: dozens of children were doused and todd pyro has the audio that sheds light on the split-second

this is with some fairly negative earnings use from ericsson, and in the drink space as well with remis bloomberg. ♪ guy: 30 seconds until the end of regular trading this friday in europe. pretty positive session from 30,000 feet. the dax trading strongly to the upside. london not having a strong session despite weakness in the united states, where we are trading at session lows. this is how the session has developed, pushing higher, fading this afternoon. not a passive move to the downside, still up .8%. the stoxx 600 is down .2%. nevertheless, a positive session in europe. individual markets look like this. this is how we break down across the continent. at 7590, up trading .8%. up 1.1%. the dax up 1.34% earlier on in the session, hitting record highs. the cac 40 in paris, a little bit of a laggard. it is more exposed to asia. today more to do with what has been happening in hong kong. let me show you the breakdown when it comes to the stock market story from a sector point of view. utilities, chemicals, technology trading, industrials looking good. utilities continue to be something

they are the incumbent national carriers that have chosen to go with eric -- with ericsson.ou very much indeed. ant bloxham giving us update on huawei. vonnie: it is time for the bloomberg business flash. an auto supplier takeover today. agreed to buy delphi technologies for $3.3 billion, including debt. it is a 77% premium to delphi's closing price yesterday. is cutting 1500 jobs in a global restructuring. the company says it is responding to challenges in markets that include car parts and electronics. it's new operating model consolidate oversight. 3m mix everything from touchscreen displays to posted notes. tune in and about two hours for a conversation with ceo michael roman. airbus agreed to settle a long-running bribery investigation with the u.s., the u.k., and france in principle. the settlement could cost airbus about $3 billion. the corruption allegations reached high into the company's executive ranks. they were partly responsible for an exit us of top management. that is your latest bloomberg business flash. this is bloomberg. ♪ and they lived happily ever after

greater than today. 5g networks are expected to cover more than 40% of the population according to ericssonestion is not if you'll get 5g, but when. get ready for a lot of controversy along the way. >> that was just one of the many quick takes you can find on the bloomberg. you can find them on bloomberg.com along with all the latest business news and analysis. that will be all for bloomberg best for this week. thanks for watching. i'm juliette salley. this is bloomberg. >> i'm taylor riggs in san francisco. and this is "bloomberg technology." a face-off with facebook. the social met york is sued by four potential competitors to accuse facebook of anti-competitive behavior. details and what's at stake with the co-lead demounl the case. plus, the ultimate engagement, jack torsy asked tesla elon musk for a tip.

world, and the reason that despite the fact that we have non- while way alternatives like nokia, ericssonat function great, but they can't compete on price is because the chinese communist party is subsidizing them. ask yourself why is it that they can undercut the price of their competitor by 30 - 50%. it's because of those subsidies and so again, in my opinion this is the most important competition playing out globally and we can't allow our allies and partners whether it's the uk or germany to be coerced by the chinese communist party. >> as you said, this is literally the key to dominating the 21st century and beyond, not just economically, but also militarily and it seems that if here in america and trump has been incredibly clear about thi this, to give specific steps in avoiding that, steps which the uk could clearly follow right now if they chose to, that's right, isn't. >> that is 100% right. look, we've had multiple report reports, this is not an opinion, this is an established fact. the link between while way and the chinese communist party and the intent of both are malicious.

. >> tom ericsson. and commercial network with our equipment. of the first we opened. of course the united states is our biggest market,. >> right. >> most important market. what i would wish for is that the united states lead the development of 5g. that requires a couple of things. so if i could bring that up. bringing up the really quickly, it will be critical. [inaudible] networks are running at capacity globally. happens here as well. happens everywhere. then permitting process. this is the picture. next one is actually the lack of power grids. we need to invest in building the capability to roll out the network. when that happens you will have, the united states will have a strong platform for innovation with 5g and 5g president well knows is consumer play but it is also a end device transport. >> military play. very important military. ericsson has done a great job with 5g and we're working with your company as you know. we're bringing down the time periods. spectrum we're opening it up. we have department of state, we have commerce and we

instead companies like ericsson, no caps and the chinese for huawei are rolling out five g mobile internet in many parts of asia and europe setting new standards along the way. five g is being developed. this would not matter if we lived in the world underpinned by globalization and free trade. but it does matter when we experience a technologically driven trade war a major feature of which is of china and as a result we are at risk of falling behind this is a change with five g to provide the speed what is needed by the self driving cars and robots and drones to transform our economy enable physicians to perform surgery on patients on the other side of the world using extended and tactile reality enabling them to feel what is going on. and as i recently saw during a demonstration at the wembley stadium in london five g will offer 560 degrees sports coverage in real time which will completely change the way we experience life sports the technological and geopolitical standoff with the speed and breadth and depth of innovation at worst it could reverse the globalization of products many of

interestingly, the trans peri odicals of the day, the ericsson educational foundation is letter news letter did not emphasize the riots. we also have the issue of translation 50 years later. today we tend to police the boundaries between gay and trans. in 1969, many people like marshall johnson and sylvia rivera were comfortable as refer to themselves as both gay and transvestite. they did not see those as mutually exclusive. >> we are looking back 50 years ago at the stonewall riots. our guest is mark stein. he is the author of a new book that looks back at what happened 50 years ago. we spoke about police officers and police commissioner james o'neill on twitter with this apology for the way officers 50 years ago handled the situation. >> i think it would be irresponsible of me as we go through world pride month to talk about the events at the stonewall inn in june of 1969. i am not going to pretend to be expert on what happened at stonewall. i know what happened should not have happened. the actions taken by the nypd were wrong, plain and simple. the actions and the laws were disc

interesting lee, the trans periodicals of the day, two of which were the ericsson educational foundation, did not cover the riots. did not emphasize the role of the street queens and the riots. the issue of translation 50 years later. today we tend to police the boundaries between gay and trans. but in 1969, many people like marcia pete johnson, sylvia rivera, were comfortable referring to themselves as both gay and trans vests tights. they did not see those things as necessarily an opposition or mutually exclusive. to our viewers just tuning in >> we are looking back 50 years ago at the stonewall riots, a turning point for the gain lesbian community. our guest from greenwich village new york as mark stein, he's the author of a new book that looks back at what happened 50 years ago. we have been talking about new york city police officers, the police commissioner james o'neil on twitter, with this apology for the way police officers handled the situation 50 years ago. >> i think it would be irresponsible for me as we go through world pride month not to speak of the events of the stonewal

there are big companies like nakia and ericsson who are well established in fairness they haven't always kept up with the pace of speed with power in terms of the price they create them and the quality equipment and the size of the equipment we've also got something emerging but i think the best solution really for network operators have a mixed base the supply of 5 g. isn't just about half the data on our mobile phones it's about immersive education it's about self driving it's about smarter cities the list goes on if you believe the hype eventually simply need 5 g. but it requires a vast new infrastructure and that comes at a price. claims its equipment is cheaper than its competitors and uses less energy giving it a potential edge in the developing world away signed 5 g. contracts in more than 30 countries from russia to iceland switzerland to south africa the u.k.'s proposed some mistreat sions on huawei technology germany and france say they'll increase cyber security measures several countries are still on the fence about possible bombs to give in the potential cost to consumers th

i'm going to add ericsson to it. i'm willing to go out on a limb because it's in everybody's interest they stay strong. let's go to joe in new york. joe! >> jim, great show been a big fan for many years. >> thank you very much, man. >> w.e.n. >> well, wen has been stuck at this level of 21 for some time they're doing a very good breakfast. i think that it's a stock that you should be buying right here. let's go to naliney in maryland. >> i'm sorry my bad. >> that's fine so, jim, i have a question on -- which i got into about a year ago. compelling story and it has plummeted and now it's been hanging around 16 to $17. yeah you know, i'm not going to rave about that one they've got -- they got to do a couple good quarters in a row and they have not been able to do that. i need to go to doug in new york doug >> jimmy >> yo. >> big brooklyn boo-ya to you. >> love that what's up? >> i want to tell you thank you very much. you and your great staff for the homework you did for me on this -- a couple nights ago. >> and don't

it's nokia and ericsson all over again. and it couldn't be anything further from the truth right? >> yeah. no i mean, just in the past month, they've gained $180 billion in market cap and what have they announced nothing. nothing. and even these analyst reports, you look at them today and i was trying to find something that was new. and there -- you know, we did some scraping of twitter and found that mentions of the apple iphone, of the iphone 11 were pretty good. okay but -- but -- so there's really nothing levitating this stock except for apple is still apple. people love their stuff. >> i got a question for you. a pointed question for you are you going to buy an apple? a new iphone this year because of the rollout of 5g wireless? because that's what everyone is waiting for, right >> no, i don't think i will. my phones just shut off and i need one for a long time now i keep telling myself i'll wait because i'm always waiting for a better camera. i'm not as concerned with 5g but the camera is supposed to be amazing on this. what i was thinking about the social media mentions is

the two main partners, the main players in that game seem to be ericsson and nokia.would think of the saltire they might see on top of the saltire they might see on top of the building that communicate wirelessly between your device and the network. the core is the central processing rid of the network. it is where your billing is done, call to rated from one person to another. because of that openness it is much more sensitive. the functions that happen within there, if somebody could control them, you could cause problems for all those people connected around the outside. the area where huawei are looking to be placed will be on that edge, producing things like the antenna and radio access points that you will see on the buildings at the end of your road. why all the fuss about sg? of your road. why all the fuss about 5g? tech of your road. why all the fuss about 5g ? tech macro of your road. why all the fuss about 5g? tech macro is being used in all of the new bt infinity cables providing broadband networks to peoples homes? these are the green cabinets that you s

accumulating as much as 175 millimeters of rain on mainland spain me want across into the valley ericsson very heavy amounts of rain so we're across into new york where we could see 150 millimeters of rain and choose to it tends to spread further inland and of course in that cold air it will actually turn over to snow so choose to elsewhere not a bad day we've got a low a 10 which is set in london and paris 4 degrees celsius to telsey is in zurich but it doesn't come into clear skies as a nice sunshine ones and the morning mist has cleared now we will of course see more of those rain showers into morocco on into algeria or coming from that system just sitting in the western med by choose day the rain a little bit light to beginning to pull away but much cooler in are about there with a high of just 13 celsius. but . an escape from severe hardship onto the world stage as a paralympic champion will be i want to say for now though for the 1500 meters and the bronze for the $800.00 under desire to work overseas i went knocking on doors like you have a job and was interested in immunology stud

. —— and ericsson. but others in the industry say they are about a year behind.y is the us not investing in this itself? it is a long—running industrial strategy problem. the us has had companies in this industry, they have been merged, they have collapsed, nokia is an amalgam of some old us companies. there are some suggestions may be the us confronts a more in the future. just finally, if huawei was to be kept out, as america wants, that would have an economic impact that only perhaps delay progress by a few months or a year? yes, it is debatable, but it would be a surprise will stop it would be a surprise will stop it would cause the mobile operators to possibly have two ripped out a lot of the existing infrastructure. huawei is about a third of the current antenna estate you see around the country, thousands and thousands of masts, you might have to redo that, and it would delay the roll—out of 5g, which borisjohnson has said is very important by quite a long time, a year or more. thomas, thank you. the government insists a trade deal is possible by the end o

businesses are tackling the workers shortage through in-house programs like the one i saw at a new ericsson facility in texas last year. department of labor is also an important partner in this effort. dol has a registered apprentice program and already supports over 2000 apprenticeships. dol's continued focus on these 5g jobs can address the workforce challenge. in light of the efforts underway, community college programs, in-house initiatives, apprenticeships, the fcc convened a working group that can bring the stakeholders together. that group is now developing recommendations to expand our 5g workforce. going forward, the federal government should provide the same support for technical workforce training as it does for non-technical education. one idea that congress is considering is to expand pell grant eligibility to cover short-term certificate programs. while i defer to others on the specifics, there may be ways to streamline the approval process and ensure parity and opportunity between certification programs and more established or classroom-based learning. in closing, i want to t