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>The issue is that offering halfway decent internet to people in rural areas would cost them lots of money What did they do with the $100 million they got in 2
by willis936 6y ago
>The issue is that offering halfway decent internet to people in rural areas would cost them lots of money
What did they do with the $100 million they got in 2013? There is a massive (10s of billions at this point) subsidy of internet expansion in the US with no apparent binding contract that has specified deliverables and defined punishment. It’s basically free money. Of course they’re going to pocket it. They probably drafted the bills.
https://en.wikipedia.org/wiki/Universal_Service_Fund#Connect_America_Fund https://en.wikipedia.org/wiki/Universal_Service_Fund#Connect...
- whoknew1122 6y agoProbably stock buy-backs to increase share price and thus executive pay. It's what companies have been doing since St. Reagan of Hollywood blessed us with trickle-down economics.
- gremlinsinc 6y ago> St. Reagan of Hollywood God, bless you. I love this title for Mr. Trickles.
- deleted 6y ago[deleted]