Crowds at Pike Place in Seattle, Washington. Photo credit: Ben Mack
Ratings agency S&P has said US president Donald Trump's ban on the use of Huawei kit in the US is more likely to hit US suppliers to Huawei than telcos that will have to spend more money if and when the ban ends.
The warning comes as reports suggest millions of Americans in rural areas could be without wireless access, as Huawei provides kit to many companies that provide wireless access.
Rural Americans have been among Trump's staunchest political supporters thus far.