The FBI is raising national security concerns about a Japanese telecommunications giant's planned acquisition of a U.S. Internet company.
Published:
7 July 2000 y., Friday
The FBI is raising national security concerns about a Japanese telecommunications giant's planned acquisition of a U.S. Internet company, as the agency seeks to maintain its ability to track criminals and terrorists in the digital age.
According to sources familiar with its action, the FBI has intervened in the announced $5.5 billion acquisition of Englewood, Colo.-based Verio Inc. by NTT Communications, a subsidiary of Nippon Telegraph and Telephone Corp., which in turn is more than half-owned by the Japanese government.Verio is a major provider of Internet services to corporations. NTT Communications provides telecommunications services in more than 200 countries.
On June 30, NTT Communications announced that it had received notice from the Committee on Foreign Investment in the United States (CFIUS), an interagency committee chaired by the Treasury secretary that examines foreign investment deals.
"NTT Communications believes that the proposed transaction does not raise national security concerns," the company said in a statement.
Neither the FBI nor the Treasury Department would comment on the matter, nor would spokesmen officially acknowledge that an investigation had been launched. Share prices of Verio dropped $1.62 1/2 yesterday, closing at $54.25.
Šaltinis:
Washington Post
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Software company announced new structure_ of it_s business.
more »
Japan's biggest wireless operator, NTT DoCoMo, Monday said it has formally asked the Japanese government for permission to begin the world's first commercial third-generation (3G) service on Oct. 1.
more »
Chalk one up for the bad guys.
more »
The battle over e-book sales heated up as Internet portal Yahoo! Inc. signed an e-book sales deal with four major publishing houses.
more »
search.lt presents newest links
more »
Public Interest Groups Clash With ICANN Over Governance
more »
IBM threw its hat in the sub-$1,000 server ring with its release of the eServer x200VL, an entry-level server priced at $699.
more »
Despite increased pressure from the European Commission over antitrust concerns, Microsoft confirmed that the Commission will not seek to block the launch of Windows XP.
more »
Hong Kong police have arrested a 29-year-old Webmaster suspected of operating a pornographic Web site
more »
Officials at the European Commission have made a spectacular turnabout on a proposed law governing cross-border Internet commerce in Europe
more »
Wireless customers in Germany will soon have the option of paying for wireless data as a premium service.
more »