| Home : April 23 2014 Computer News : FCC adds $9 billion to broadband subsidy fund |
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FCC adds $9 billion to broadband subsidy fund |
April 23, 2014
The U.S. Federal Communications Commission voted Wednesday to shift US$9 billion over five years from traditional telephone subsidies to broadband subsidies, in an effort to bring high-speed Internet services to 5 million U.S. residents who don’t have access.The FCC, as expected, voted on a proposal to shift $1.8 billion a year from the rural telephone subsidies in its Universal Service Fund to its broadband-focused Connect America Fund, amounting to a 70 percent increase in broadband deployment subsidies.“Thanks to the Connect America Fund, we’ve taken a serious bite out of the lack of broadband access in America [and] put ourselves on a path to remedying that,” FCC Chairman Tom Wheeler said.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2147360/fcc-adds-9-billion-to-broadband-subsidy-fund.html#tk.rss_all
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