The FCC adopted an order finalizing Phase II of the Connect America Fund today.
“CenturyLink is pleased that the FCC has updated the federal Universal Service Fund and begun implementing Phase II of the Connect America Fund program,” CenturyLink, Inc.(NYSE: CTL) Executive Vice President for Public Policy and Government Relations Steve Davis. “We may soon be able to bring high-speed Internet service to many rural customers who lack broadband today. However, it is clear that the effect of the program will be smaller than originally anticipated. In particular, we’re disappointed that after taking more than three years to write this order, the FCC has adopted such a restrictive timeline for the build-out to high-cost areas that we will not be able to build facilities to many of our rural customers. This means that customers in many of the areas that are most difficult to reach will have to wait until the FCC adopts workable auction rules before learning whether or not they will be eligible to receive broadband service.”