Huawei, ZTE Gear Removal From US Telecom Network Will Need Additional $3 Billion, Says FCC

FCC says the US needs an additional $3 billion (roughly Rs. 25,500 crore) to replace Chinese telecoms giants Huawei and ZTE on the US telecom network. This will bring the total cost for removal of Huawei, ZTE gear to $4.9 billion (roughly Rs. 40,000 crore).