22.37 F
New York
December 8, 2019
Home » Blog » FCC will vote to bar China’s Huawei, ZTE from government subsidy program
Reuters - Business

FCC will vote to bar China’s Huawei, ZTE from government subsidy program

FCC will vote to bar China's Huawei, ZTE from government subsidy program
Spread the Love!!

FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China July 22, 2019. REUTERS/Aly Song/File Photo

WASHINGTON (Reuters) – The U.S. Federal Communications Commission (FCC) is set to vote Friday to designate China’s Huawei and ZTE as national security risks, barring their U.S. rural carrier customers from tapping an $8.5 billion government fund to purchase equipment or services.

A majority of the FCC commissioners said at a meeting Friday they back the proposal, while all five commissioners are expected to vote in favor, officials said. The U.S. telecommunications regulator is voting to propose requiring those carriers to remove and replace equipment from Huawei Technologies Co Ltd [HWT.UL] and ZTE Corp from existing networks.

Reporting by David Shepardson; Editing by Chizu Nomiyama

Source – For more click here

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More