FCC Blocks Huawei, ZTE From Lucrative American Markets

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FCC Blocks Huawei, ZTE From Lucrative American Markets

posted on Jun 30, 2020 03:29PM

In a move that will essentially cut Huawei off from a critical US market: the smaller, more rural-focused telecoms providers who rely on cheap Huawei components to maintain its wireless infrastructure. According to Bloomberg, the FCC has designated Huawei and ZTE, two Chinese telecoms giants, as national security threats.

https://www.zerohedge.com/markets/fcc-blocks-huawei-zte-lucrative-american-markets

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