April 16, 2021
Partner Tom Cohen
was quoted in a Telecompetitor
article discussing government plans for broadband funding. As a panelist during an April 15 Fiber Broadband Association webinar, Cohen explained that government broadband funding goes toward affordability programs as well as buildout programs. Traditionally, federal programs have provided between eight and nine billion dollars annually for broadband, but that amount has more than doubled.
He went on to state that the American Rescue Plan
, signed into law earlier this year, makes $250 billion available to the states to distribute and he expects to see each state allocate between $50 million and $500 million of that money to broadband over a four-year period.
You can read the full article here