World News: 22:01 GMT Wednesday 12th June 2019. [Yahoo Business News Feed via SPi World News]
China's Huawei Technologies Co Ltd, the world's biggest telecoms equipment maker, argued on Wednesday that Washington should scrap plans to prohibit wireless companies from using U.S. government funds to buy Huawei gear for their networks. Federal Communications Commission Chairman Ajit Pai said in March 2018 that he was proposing banning the use of money from its Universal Service Fund to buy equipment or services from companies that pose a security threat to U.S. communications networks. Pai identified Huawei as a company of concern in a letter to Congress.
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