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The authorities will allocate up to $ 1.9 billion to American telecom operators to replace Huawei equipment
When the ban on the use of Huawei equipment by American telecom operators only came into force, complaints about the overwhelming amount of investment immediately began to come from small market players. Now the US authorities are allocating money to support telecom operators who have expressed their readiness to abandon the use of Huawei and ZTE equipment.
Image source: Reuters
As noted by Reuters, American lawmakers supported the initiative to allocate $ 1.9 billion to fund telecom operators faced with the need to replace Chinese equipment with “politically neutral”. Operators with a subscriber base of two to ten million people will be able to apply for this money, so large businesses will have to rely on their own funds.
This legislative initiative is expected to be part of a $ 900 billion government support package to offset the impact of the COVID-19 pandemic on American citizens. A $ 3.2 billion companion fund provides up to $ 50 a month for each low-income American to pay for broadband Internet access and purchase a device. The authorities believe that having high-quality and modern communication in a pandemic is a vital necessity. Additional funds will be directed to the development of communication networks in remote regions of the country and the compilation of up-to-date coverage maps.