WASHINGTON (Reuters) – The U.S. Federal Communications Commission (FCC) voted unanimously on Tuesday to finalize a $1.9 billion program to reimburse U.S. carriers for removing equipment from telecommunications networks from Chinese companies deemed national security threats like Huawei and ZTE Corp (HK:).
Last year, the FCC designated Huawei and ZTE as national security threats to communications networks – a declaration that barred U.S. firms from tapping an $8.3 billion government fund to purchase equipment from the companies. The FCC in December adopted rules requiring carriers with ZTE or Huawei equipment to “rip and replace” that equipment.
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