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US spectrum auction will fund purge of Huawei, ZTE, other Chinese telecom gear

By David Shepardson

Jun 24 2026 6:28AM

Raises US$3.5 billion.

US spectrum auction will fund purge of Huawei, ZTE, other Chinese telecom gear

The US Federal Communications ⁠Commission ⁠said an auction of wireless mid-band spectrum raised more than US$3.5 billion ($5 billion), which will largely be used to fund the replacement of ‌Chinese telecom equipment. The FCC said up ‌to US$3.3 ‌billion of the auction&rs...

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