U.S. telecommunications companies are ready to jump into China's lucrative markets, after years of idly standing on the sidelines. But a trade deal may not be around the corner, as Commerce Secretary William Daley has stressed there are "serious disagreements" between the two countries. Deregulation around the world spells serious opportunity for many of the nation's telcos, which welcome the chance to establish an international footprint.
Quick trade deal with China "unrealistic"
U.S. Commerce Secretary William Daley says "serious disagreements" will slow a China trade deal, despite expectations that a pact would be reached next week.
U.S. threatens action over phone rates
Telcos poised to pounce on Chinese markets