The Federal Communications Commission (FCC) has announced that it is ready to authorise USD791.604 million via the Rural Digital Opportunity Fund (RDOF). The funding will be issued to six providers to bankroll new broadband deployments to an estimated 350,000 locations across 19 states. The top three states receiving funding are Illinois (USD212 million), Arizona (USD140 million) and Iowa (USD113 million). To date, the RDOF programme has provided more than USD6 billion in broadband financing to 47 states.
According to TeleGeography’s GlobalComms Database, the RDOF Phase I auction (Auction 904) commenced on 29 October 2020, having attracted a total of 386 qualified bidders. In the event, the regulator awarded a total of USD9.2 billion in funding to 180 bidders. A total of 5.2 million unserved homes and businesses – around 99% of the locations included in the auction – will gain access to high speed broadband services as a result of the RDOF.