Telecoms, lawmakers talk service-fund mandates

03/12/2009 | InfoWorld · Reuters

While telecoms called on Congress on Thursday to make what they consider needed reforms to the $4.5 billion Universal Service Fund, a key lawmaker endorsed expanding its mandate from providing telephone service to rural areas to include broadband. At a Capitol Hill hearing, AT&T and Verizon Communications proposed awarding funds through a system of competitive bidding while rural carriers argued that setting a cap on the fund would impair service in many isolated areas.

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InfoWorld · Reuters

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