A cross-party group of senators has submitted legislation to spend $1.2 billion ‘to invest in Western-based alternatives to Chinese equipment providers Huawei and ZTE’, reports ARS Technica.
The money would support development of new 5G technology, focused on equipment that complies with open standards to ensure ‘multi-vendor network equipment interoperability’. The money would come from the proceeds of spectrum auctions.
One of the senators, Mark Warner, said, ‘every month that the US does nothing, Huawei stands poised to become the cheapest, fastest, most ubiquitous global provider of 5G, while US and Western companies and workers lose out on market share and jobs’. The proposals are included in the ‘Utilizing Strategic Allied (USA) Telecommunications Act’.
A cross-party group of senators has submitted legislation to spend $1.2 billion ‘to invest in Western-based alternatives to Chinese equipment providers Huawei and ZTE’, reports ARS Technica.
- Theme:
- Investment, Infrastructure and Spectrum: 5G and next generation networks
- Region:
- Americas
- Series:
- Regulatory Watch
