California broadband subsidy fund is maxed out
ab1758, casf, cpuc, public policy
The California Advanced Services Fund (CASF) is just about topped up. The fund is used to subsidise new infrastructure in areas that lack broadband service that meets the California Public Utilities Commission’s minimum standard of 6 Mbps download and 1.5 Mbps upload speeds. It’s also used to pay for broadband facilities and marketing programs in public housing and to fund regional broadband consortia.
The money for it comes from a tax that’s assessed on telephone bills – right now, it’s about one-half of one percent of the charges for in-state telecommunications services.… More