The Federal Communications Commission said in June it had formally designated China's Huawei Technologies Co and ZTE Corp as threats, a declaration that bars U.S. firms from tapping an $8.3 billion government fund to purchase equipment from the companies.
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U.S. lawmakers to back $1.9 billion to replace telecom equipment from China's Huawei, ZTE: Source
U.S. lawmakers to back $1.9 billion to replace telecom equipment from China's Huawei, ZTE: Source
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