Senate approves $1 billion budget to help rural carriers replace Huawei gear

Senate approves $1 billion budget to help rural carriers replace Huawei gear 1

Sen. Roger Wicker of Mississippi said in a statement:

“Telecommunications equipment from certain foreign adversaries poses a significant threat to our national security, economic prosperity, and the future of US leadership in advanced wireless technology. By establishing a ‘rip and replace’ program, this legislation will provide meaningful safeguards for our communications networks and more secure connections for Americans. I thank my colleagues on both sides of the aisle for coming together to help move this bill to the President’s desk.”

A Huawei rep criticized the legislation, telling WSJ that it’s “considerably underfunded” and will “simply reduce the ability of broadband providers to provide the most secure network equipment and in turn hurt local consumers and businesses.”

The FCC has also just started collecting information from carriers receiving Universal Service Fund subsidies regarding the Huawei and ZTE equipment they use. It will use the data it collects to help make its reimbursement program feasible and to figure out if it needs to apply certain measures to ensure a smooth transition.

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Millions in Cryptocurrency Stolen by Scammers in the Last Month According to Tenable Research
November 24, 2021
Behind The Scenes: How this Crypto Community Responded to + $50m Hack
October 18, 2021
Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021

Blockchain/Cryptocurrency Questions and Answers

GamStop
How Does Bitcoin Casino Work + 2021 Beginner’s Guide
November 8, 2021
Cryptocurrency
How to Buy and Sell Cryptocurrency
November 8, 2021
What Are Bitcoin Futures And How Will They Work In 2022?
November 4, 2021
Ethereum
The Unconventional Guide to Ethereum
October 28, 2021
ICo Presale
The Science Behind ICO Presales…
October 14, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin36,980 0.84 % 7.39 % 12.57 %
Ethereum2,443.2 0.66 % 8.18 % 24.04 %
Tether1.000 0.34 % 0.06 % 0.23 %
Binance Coin374.32 0.48 % 6.59 % 21.43 %
USD Coin1.000 0.07 % 0.17 % 0.16 %
Cardano1.040 1.06 % 3.80 % 34.26 %
Solana93.90 0.57 % 9.98 % 32.95 %
XRP0.6080 0.63 % 5.22 % 20.50 %
Terra64.72 1.22 % 0.52 % 16.29 %
Polkadot18.63 0.56 % 9.90 % 27.66 %

bitcoin
Bitcoin (BTC) $ 37,003.00
ethereum
Ethereum (ETH) $ 2,448.51
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 374.11
usd-coin
USD Coin (USDC) $ 1.00
cardano
Cardano (ADA) $ 1.05
solana
Solana (SOL) $ 93.86
xrp
XRP (XRP) $ 0.609522
terra-luna
Terra (LUNA) $ 64.80
polkadot
Polkadot (DOT) $ 18.69