Broadband industry quietly abandons Capitol Hill fight to revive low-income internet subsidy

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Lillian Rizzo covers media, sports and other business news for CNBC.

Internet service providers like Charter, Verizon and Comcast have quietly scaled back their efforts to revive the Affordable Connectivity Program, an expired federal internet subsidy that helped low-income households pay for broadband. The $14.2 billion program provided a discount of up to $30 per month for some qualifying households and up to $75 a month for households on eligible tribal land. But it officially ended in June after Congress decided not to renew its funding.

After September, Congress is expected to be out on recess until after the election. 'This thing is dead' As some Capitol Hill lawmakers cling to the narrowing possibility of an ACP comeback, the private sector is reining in its hopes. ″ are making their plans, they are telling Wall Street that this thing is dead and they’re just not putting effort into it,” Sohn said.

 

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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Broadband industry quietly abandons Capitol Hill fight to revive low-income internet subsidyCharter had received roughly $910 million from the Affordable Connectivity Program, while Verizon and Comcast received over $200 million.
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