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Bonnie Sutton

FCC Plans to Overhaul Telecom Fund to Focus on Expanding Broadband NY Times - 2 views

fcc universal service fund subsidy Julius Genachoswki

started by Bonnie Sutton on 08 Oct 11
  • Bonnie Sutton
     
    By Edward Wyatt

    The chairman of the Federal Communications Commission on Thursday outlined a plan to transform the Universal Service Fund, an $8 billion fund that is paid for by the nation's telephone customers and used to subsidize basic telephone service in rural areas, into one that will help expand broadband Internet service to 18 million Americans who lack high-speed access.

    The chairman, Julius Genachowski, said the overhaul of the fund would eliminate waste and inefficiencies in a program that is outdated, unfair and not accountable to the consumers who support it through monthly assessments on their phone bills.

    http://www.nytimes.com/2011/10/07/business/fcc-plans-an-overhaul-of-the-universal-service-fund.html?_r=1&ref=business&pagewanted=print

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