US set to approve $1.9B fund to help telcos replace Huawei and ZTE
US lawmakers are set to approve a $1.9 billion fund aimed towards helping the nation’s telcos replace equipment from Huawei and ZTE.
As Telecoms reported in July, the FCC officially designated the Chinese vendors as national security threats this year.
“Both companies have close ties to the Chinese Communist Party and China’s military apparatus, and both companies are broadly subject to Chinese law obligating them to cooperate with the country’s intelligence...
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