Federal regulators plan to launch a new effort to overhaul an $8 billion subsidy program to fund new broadband lines in rural America instead of phone service. The Federal Communications Commission is scheduled to kick off its efforts to overhaul the program during a meeting, when it asks for comments on how to chart a new course for the Universal Service Fund, or USF, which subsidizes phone lines in rural areas and for low-income Americans.
- Read the article: The Wall Street Journal