US FCC asking $5.6B to replace Chinese networking equipment

Marin IvezicFebruary 4, 2022

Less than a minute

The US Federal Communications Commission (FCC) Chairwoman is asking $5.6B from Congress seeks to reimburse carriers for removing and replacing insecure 5G networking equipment – those made by banned Chinese vendors Huawei and ZTE.

Congress had initially set aside $1.9B for the replacement program under The Supply Chain Reimbursement Program created by the Secure and Trusted Communications Networks Act. However, after FCC received 181 applications from carriers, the total cost has been estimated to $5.6B revealing a shortfall of $3.7B.

For more information see the FCC press release [PDF]: CHAIRWOMAN ROSENWORCEL NOTIFIES CONGRESS OF DEMAND TO PARTICIPATE IN THE SECURE AND TRUSTED COMMUNICATIONS REIMBURSEMENT PROGRAM

Marin Ivezic

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For over 30 years, Marin Ivezic has been protecting critical infrastructure and financial services against cyber, financial crime and regulatory risks posed by complex and emerging technologies.

He held multiple interim CISO and technology leadership roles in Global 2000 companies.