Trump signs law to prevent U.S. rural telecom carriers from using Huawei network equipment [Reuters (UK)]
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Source: Reuters
Trump signs law to prevent U.S. rural telecom carriers from using Huawei network equipment - Reuters 2 Min Read WASHINGTON (Reuters) - President Donald Trump signed legislation on Thursday to bar telecom carriers from using U.S. subsidies to purchase network equipment from Huawei Technologies [HWT.UL], ZTE Corp ( 000063.SZ ) ( 000063.SZ ) and other companies deemed a national security threat. The law also requires the Federal Communications Commission (FCC) to establish a program to assist small providers with the costs of removing prohibited equipment or services from their networks and replacing it. FCC Chairman Ajit Pai called on Congress to “to appropriate the necessary funding to reimburse carriers for replacing any network equipment or services found to be a national security threat.” Huawei has opposed the measure and disputes that it poses a national security threat. The Rural Wireless Association praised the measure that authorizes $1 billion but does not appropriate the
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