Complete Story
05/26/2016
FCC Approves CAF Bidding Framework for Competitive ISPs
The FCC has voted on a framework for letting competitive broadband/telco providers including cable ISPs bid for over $2 billion in Connect America Fund (CAF) Universal Service Fund money the price cap carriers—Verizon, AT&T, for example—chose not to take.
The CAF fund is the subsidy for high-cost advanced communications services (to mostly rural areas) that the FCC is migrating from phone to broadband. Incumbents with all that incumbent infrastructure were given first crack at the funds, and took $9 million, but that left $2 billion for competitive carriers.