FCC Approves $7.4 Million More in Rural Broadband Subsidies [telecom]

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By John Eggerton

The FCC has authorized $7.4 million in funding over 10 years for rural broadband buildouts in Oklahoma and Oregon.

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The largest incumbent price cap carriers - AT&T, Verizon, CenturyLink

- declined about $2 billion in Connect America Fund phase II (CAF II) support for building out broadband to high-cost, generally rural, areas, so the FCC opened that pot of money up to competitors, like cable broadband providers, via auction.