Friday, October 7, 2011

F.C.C. Plans to Direct More Support to Broadband - NYTimes.com

"The plan would transform the largest component of the fund, which provides $4.5 billion annually to subsidize residential phone service in rural areas that would otherwise be uneconomical for companies to serve.

The money would instead go to a new Connect America Fund, providing both wired and wireless Internet access to homes, businesses and “anchor institutions” like libraries and public service organizations."

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