More taxes on US consumers to fund USD 4.5 billion Universal Service Fund


Posted on October 29, 2011  /  0 Comments

The program we talked about few weeks back has been announced. It will spend USD 4.5 billion a year to connect 20 million Americans to broadband.

In an effort to expand broadband Internet service, the Federal Communications Commission on Thursday approved an overhaul of its fund that subsidizes rural telephone service, turning it into one meant to offer broadband service to the millions of Americans who lack high-speed connections.

The plan could lead to higher fees for consumers on their telephone landlines because the commission also approved changes in the complex compensation system by which telecommunications companies pay one another for completing or carrying calls on one another’s systems.

Full report.

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