FCC to spend $115 million on rural broadband subsidies2012.07.26 08:33 by Daniela
Keywords: FCC, broadband
The Federal Communications Commission (FCC) said on Wednesday that it will spend $115 million over the next three years to expand high-speed Internet service to 400,000 people and businesses in rural areas that currently lack it.
FCC chairman Julius Genachowski announced the first phase kickoff of the Connect America Fund, which has a goal of connecting 7 million unserved rural Americans to the Internet within six years and all 19 million unserved by 2020. Money for the funds comes from charges on consumers' monthly phone bills.
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