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A US spectrum auction just raised $3.5B to pay for ripping out Huawei

Posted on June 24, 2026 By 164news66 No Comments on A US spectrum auction just raised $3.5B to pay for ripping out Huawei

The Federal Communications Commission’s Spectrum Auction and Telecom Security Measures

The Federal Communications Commission (FCC) has raised approximately $3.5 billion from an auction of mid-band wireless spectrum, with a significant portion of these funds allocated to facilitate the removal of Chinese-made telecom equipment from US networks. This initiative is part of their ongoing "rip and replace" program, which offers reimbursements to smaller carriers for replacing Huawei and ZTE gear […]

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