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Ottawa Orders China Mobile to Divest Share in Its Canadian Subsidiary CMI Canda

September 16, 2021
Source: iphoneincanada.ca iphoneincanada.ca
News Snapshot:
Ottawa Orders China Mobile to Divest Share in Its Canadian Subsidiary CMI Canda Ottawa has ordered China Mobile International to divest its shares in the Canadian subsidiary China Mobile International Canada (CMI Canada) or terminate its business out of consideration for the national security. Out of consideration for national security, Ottawa has ordered a Chinese Communist Party state-owned telecommunications company to divest its shares in its Canadian subsidiary CMI or terminate its business, reads a new report from The Globe and Mail . The company is trying to challenge government orders through legal channels. In a document outlining its concerns,...
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Tags: Beijing | Business | Canada | China | China Mobile | Chinese | communication | communism | communist | court | development | Economy | government | infrastructure | innovation | international | investment | investor | IT | legal | mobile | national security | network | Ottawa | phone

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