FCC caps subsidy to rural cell phone providers Move benefits big telecom firms
| May 2, 2008 |
Federal regulators agreed Thursday to temporarily cap a growing subsidy program that paid nearly $1.2 billion last year to cell phone companies that do business in rural areas.
The Federal Communications Commission voted 3-2 along party lines to limit payments to wireless carriers from the Universal Service Fund, which is supported by a tax on the phone bills of most Americans. The cap will remain in place until the commission passes a comprehensive reform package, which is in the works.
By JOHN DUNBAR AND DIBYA SARKAR THE ASSOCIATED PRESS
Full Story: http://seattlepi.nwsource.com/ventur ... etax02.html
No reader comments so far. Be the first to comment by clicking the button below.
Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.
