Fierce Telecom Quotes Kelley Drye’s Tom Cohen in Article on Fiber Ecosystem
Partner Tom Cohen was recently quoted in a Fierce Telecom article on a recent Fiber Broadband Association meeting and the excitement within the broadband community over the prospect of approval for President Biden’s infrastructure bill.
Cohen called the infrastructure bill “historic.” He stated that, “Right now every year the FCC and the RUS [Rural Utilities Service] give about $10 billion in all their universal service programs. If you look at the infrastructure bill, in effect, that’s going to double the amount that’s given out each year. I think by the time it gets implemented it’s going to be going out the door in 2023. In effect it’s the rest of the decade. Each year $10 billion more dollars.”
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