Wednesday March 03, 2010

FCC Seeks To Finance $25 Billion Broadband Plan

According to this article, the Federal Communications Commission will put forth a national broadband plan later this month that will cost up to $25 billion. If you are worried about the cost, don’t. The FCC plans on holding spectrum auctions and stuff like bake sales to raise money.

To have any chance of meeting its goal of providing broadband service to 100 million Americans, the FCC will need to find support for an estimated $9 billion commitment to cover underserved parts of the country, industry observers say. Moreover, the commission wants Congress to spend $12.5 billion to $16 billion over the next 10 years to provide police, firefighters and other emergency workers with wireless Internet access.

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