Connect with us

Hi, what are you looking for?

Contribution AmericansContribution Americans

Tech News

FCC asks for more money to help telecom providers replace Huawei and ZTE gear

Photo illustration of the White House sitting on top of a router.
Illustration by Cath Virginia / The Verge | Photos from Getty Images

The Federal Communications Commission is asking for more funding to help internet service providers rip and replace equipment made by Huawei and ZTE. In a letter to Congress, FCC Chair Jessica Rosenworcel says the government has only allocated $1.9 billion to reimburse providers, which is $3.08 billion less than the $4.98 billion the FCC estimates it will need.

After designating the China-owned Huawei and ZTE as national security risks in 2020, former President Donald Trump signed a law forcing telecom providers to “rip and replace” the equipment from their networks. However, a lack of funding has slowed the project. In January, the FCC reported that only five program participants had fully removed, replaced, and disposed of the…

Continue reading…

You May Also Like

Editor's Pick

On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson discusses the most important chart on all of StockCharts – your default ChartStyle! In addition...

Editor's Pick

Over the previous week, the markets were expected to inch higher; however, at the same time, while it was expected that incremental highs may...

Tech News

Illustration by Alex Castro / The Verge Tesla is going to court next week over the role its Autopilot system played in a fatal...

Editor's Pick

Now that earnings season has begun, what can you expect the stock market to do, especially after its stellar Q1 run? Well, after a...