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Huawei, ZTE Gear Removal From US Telecom Network Will Need $3 Billion More

Huawei, ZTE Gear Removal From US Telecom Network Will Need Additional $3 Billion, Says FCC

The US telecoms regulator needs an additional $3 billion (roughly Rs. 25,000) to fund the removal from U.S. networks of equipment made by Chinese telecoms giants Huawei and ZTE, bringing the total cost to $4.9 billion (roughly Rs. 40,000), the agency told Congress on Friday.

“To fund all reasonable and supported cost estimates…, the Reimbursement Program will require $4.98 billion, reflecting a current shortfall of $3.08 billion,” Jessica…


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