By John Eggerton, Multichannel News, 5-27-22
Communications providers who must rip and replace untrusted technology from their networks, per Congress’s directive, have applied for about $5.6 billion from the Federal Communications Commission to compensate them. That’s a lot more than the regulator had estimated and multiples of what Congress allocated for the purpose.
That is according to FCC Chairwoman Jessica Rosenworcel in a letter responding to a query from Sen. Gary Peters (D-Mich.).
Congress only appropriated $1.9 billion in the 2021 Consolidated Appropriations Act for the Secure and Trusted Communications Networks Reimbursement Program, which compensates smaller providers. » Read More