Huawei, ZTE urge U.S. not to impose national security risk labels [Reuters (UK)]
ZTE CORP UNSP/ADR (ZTCOY)
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Source: Reuters
Huawei, ZTE urge U.S. not to impose national security risk labels - Reuters 3 Min Read WASHINGTON (Reuters) - Huawei Technologies Co Ltd and ZTE Corp ( 000063.SZ ) on Monday both asked the U.S. Federal Communications Commission (FCC) not to finalize its designation of the China tech giants as risks to U.S. national security. In November, the FCC voted 5-0 to initially designate Huawei and ZTE as national security risks in a move that would bar their U.S. rural carrier customers from tapping an $8.5 billion government fund to purchase equipment. Huawei said in a nearly 200-page filing with the FCC the action was “designed to implement a campaign by certain government officials, including members of Congress, to single out Huawei for burdensome and stigmatizing restrictions, put it out of business in the United States, and impugn its reputation here and around the world.” It called the effort “unlawful and misguided.” ZTE asked the FCC Monday in a filing to “take additional time to ass
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