Investing.com investing.com 20 Dec, 2020 17:15 am

U.S. lawmakers to back $1.9 billion to replace telecom equipment from China's Huawei, ZTE

U.S. lawmakers to back $1.9 billion to replace telecom equipment from China's Huawei, ZTE
U.S. lawmakers to back $1.9 billion to replace telecom equipment from China's Huawei, ZTE - source

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The bill "establishes a temporary, emergency broadband benefit program at the FCC to help low-income Americans, including those economically-challenged by the COVID-19 pandemic, get connected or remain connected to broadband," the source said.The source also said the program will supply a $50 monthly subsidy to qualifying households "to help them afford broadband service and an internet-connected device.

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