💨 Abstract

The FCC has voted to initiate a wireless spectrum auction, allocating $3.1 billion for US telecom companies to remove Chinese equipment from their networks, addressing security concerns. This auction, authorized by Congress, will help meet rising consumer demands for advanced 5G networks. FCC Chair Brendan Carr stated that failing to secure this funding would leave American networks vulnerable to security risks.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖