Huawei's U.S. shutout intact as AT&T reportedly backs out of deal

|About: AT&T Inc. (T)|By:, SA News Editor

AT&T (NYSE:T) is backing away from a plan to sell phones made by Chinese handset giant Huawei, on the eve of a big announcement of the deal, The Wall Street Journal reports.

The deal that Huawei was set to announce tomorrow would have been its first partnership with a major U.S. carrier, but AT&T has changed its mind.

It's not clear why, though a 2012 congressional report raised concerns about state-sponsored spying via telecommunications equipment made by Huawei, the world's biggest maker of that gear.

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