{"id":1016501,"date":"2026-06-24T07:45:45","date_gmt":"2026-06-24T02:15:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1016501"},"modified":"2026-06-24T07:46:05","modified_gmt":"2026-06-24T02:16:05","slug":"us-spectrum-auction-raises-3-5-billion-will-fund-replacing-chinese-telecom-equipment","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/24\/us-spectrum-auction-raises-3-5-billion-will-fund-replacing-chinese-telecom-equipment\/","title":{"rendered":"US spectrum auction raises $3.5 billion, will fund replacing Chinese telecom equipment"},"content":{"rendered":"<p>The U.S. Federal Communications Commission said Thursday an auction of wireless mid-band spectrum raised more than $3.5 billion, which will largely be used to fund the replacement of Chinese telecom equipment. <\/p>\n<p>The FCC said up to $3.3 \u200cbillion of \u2060the auction&#8217;s \u2060proceeds will be used to cover funds borrowed to support the FCC&#8217;s &#8220;Rip and Replace&#8221; program to purge Huawei, ZTE or other Chinese gear from their wireless networks and other programs. <\/p>\n<p>The agency previously estimated removing the Chinese equipment would cost $4.98 billion, but Congress only approved $1.9 billion before deciding to \u2060hold the auction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Federal Communications Commission said Thursday an auction of wireless mid-band spectrum raised more than $3.5 billion, which will largely be used to fund the replacement of Chinese telecom equipment. The FCC said up to $3.3 \u200cbillion of \u2060the auction&#8217;s \u2060proceeds will be used to cover funds borrowed to support the FCC&#8217;s &#8220;Rip and Replace&#8221; program to purge Huawei, ZTE or other Chinese gear from their wireless networks and other programs. The agency previously estimated removing the Chinese equipment would cost $4.98 billion, but Congress only approved $1.9 billion before deciding to \u2060hold the auction.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-1016501","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1016501"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016501\/revisions"}],"predecessor-version":[{"id":1016517,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1016501\/revisions\/1016517"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1016501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1016501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1016501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}