FCC Votes 5-0 To Ban China’s Huawei, ZTE From Gov’t Subsidy Program
The Federal Communications Commission (FCC) has voted 5-0 on a new rule that would ban service providers from using government subsidies to buy China’s Huawei and ZTE equipment, reported Reuters.
- 22-Nov-2019 11:26:34 AM – FCC VOTES 5-0 TO BAR U.S. RURAL CARRIER CUSTOMERS FROM U.S. GOVERNMENT FUND TO PURCHASE HUAWEI, ZTE EQUIPMENT, SERVICES
All five FCC commissioners voted for the ban at the Friday meeting.
The new rule would prevent rural carriers from accessing an $8.5 billion government fund to purchase Huawei and ZTE electrical components.
The rule also states those carriers must remove and replace Huawei and ZTE equipment from existing networks.
Tyler Durden
Fri, 11/22/2019 – 11:44
via ZeroHedge News https://ift.tt/337cF8N Tyler Durden