WASHINGTON: A U.S. House panel unveiled bipartisan legislation this week that would authorize US$1 billion for small and rural wireless providers to remove network equipment bought from companies including Huawei Technologies Co Ltd and ZTE Corp , which lawmakers say poses a national security risk.
The U.S. government blacklisted Huawei in May, alleging the Chinese company is involved in activities contrary to U.S. national security or foreign policy interests. In August, the Commerce Department added more than 40 additional Huawei’s units to its economic blacklist, raising the total to more than 100 Huawei entities covered by the restrictions.
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »