By John Eggerton, Multichannel News, 11-10-21
The Commerce Department has issued a fact sheet breaking out how it will be handing out the vast majority of broadband subsidy funds just approved in President Joe Biden‘s Infrastructure Investment and Jobs Act infrastructure bill.
Commerce‘s National Telecommunications & Information Administration (NTIA) is overseeing the lion‘s share ($48 billion) of that funding or what it calls its “pivotal” role in rolling out broadband.
The Federal Communications Commission is already handing out billions through various other programs and legislative mandates, a point it has made this week in multiple announcements of the latest subsidies, including $700 million for rural broadband announced Wednesday and reaching a $150-million telehealth subsidy benchmark Tuesday (Nov. 9). » Read More