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

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…