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USF Funding Exceeded $8.5 Billion in 2024

Summary by broadbandbreakfast.com
WASHINGTON, Apr. 4, 2025 – The budget of an internet subsidy program overseen by the Federal Communications Commission rose by about 5 percent in 2024, reaching more than $8.5 billion mostly used to bolster the finances of rural-based broadband providers.The Universal Service Administrative Company, which oversees the Universal Service Fund, revealed in its March 31 annual report that USF funding rose by more than $400 million in 2024.Some of th…
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broadbandbreakfast.com broke the news in on Friday, April 4, 2025.
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