10-12-2018 22:47 via finance.yahoo.com

Phone Carriers Fear Possible Order to Rip Out Huawei Equipment

The Rural Wireless Association in a filing to the U.S. Federal Communications Commission asked for funding and time to “rip and replace” if U.S. officials order carriers to remove equipment from Huawei, which Congress has identified as a security threat for its ties to the Chinese government.Huawei’s Chief Financial Officer Meng Wanzhou was arrested in Vancouver on Dec. 1 on the orders of U.S.authorities for allegedly violating American sanctions on selling technology to Iran.T
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