FCC stumps up USD485m as part of Connect America Fund

23 May 2013

Mignin Clyburn, acting chairwoman of the Federal Communications Commission (FCC), has announced that the watchdog is poised to oversee the second release of Phase 1 funding for the Connect America Fund (CAF). The CAF will offer up to USD485 million to expand fixed broadband in rural America, leveraging millions in additional private investment. According to the watchdog, approximately 15 million Americans, most of them living in rural areas, still lack broadband access. An FCC press release adds: ‘Without broadband, consumers and small businesses are cut off from the USD8 trillion global internet economy, severely limiting opportunities for jobs and economic prosperity’.

United States, Federal Communications Commission (FCC)