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

  • 📰 NBCNewsHealth
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 707. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »