04/29/15
FCC Offers $10 billion for Broadband Network Upgrades
Today, the FCC formally offered the nation’s largest telephone companies, including AT&T, Verizon, Frontier, CenturyLink, FairPoint, and Windstream, $10 billion in subsidies to offer broadband service to over 4 million homes and businesses that are currently unserved. Today’s offer is a critical step in “Phase II” of the Connect America Fund, which will subsidize the construction of 10 Mbps down/1 Mbps up broadband networks in these areas over the next six years.
