Date: February 27, 2025(Reuters)
Overview: The FCC has advanced plans for a wireless spectrum auction to fund the removal of Huawei and ZTE equipment from American telecom networks, allocating nearly $3.1 billion for this purpose. This move addresses security concerns and was supported by Congress.(Reuters)
Impact: The auction aims to raise funds necessary to replace equipment from Chinese vendors deemed security risks, enhancing the security of U.S. telecom infrastructure.