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WASHINGTON – Lawmakers on Wednesday tabled a law that would provide up to $ 700 million to help US telecom companies remove equipment purchased from Huawei Technologies Co. and other Chinese companies considered as posing a security risk.
The bill establishes a policy that next-generation 5G wireless networks in the United States should not include equipment and services provided by Huawei, ZTE Corp.
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or their affiliates, according to a summary. This goes beyond the measures announced last week by the Trump administration for Chinese telecommunications equipment, which aimed to import new Chinese equipment and impose restrictions on US companies exporting components to Huawei.
It would release up to $ 700 million to help US telecom companies remove and replace Chinese equipment.
Huawei and ZTE had previously denied that their equipment posed a security risk to the United States. They did not immediately respond to requests for comment on Wednesday. Many of the affected carriers are small rural carriers. Major mobile operators have generally stopped deploying suspect Chinese equipment since concerns began to be publicly expressed around 2012.
A developed version of this report appears on WSJ.com.
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