The Federal Communications Commission (FCC) said on Tuesday it had rejected a petition from ZTE Corp asking the agency to reconsider its decision designating the Chinese company as a US national security threat to communications networks.The FCC announced in June it had formally designated Chinese’s Huawei Technologies Co. and ZTE as threats, a declaration that bars US firms from tapping an US$8.3 billion government fund to purchase equipment from the companies.ZTE did not immediately respond…
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