FCC Looking to Alter Financial Rules to Spur Rural Broadband

WASHINGTON, June 9, 2024 – Federal regulators are planning to review financial policies that could be hindering the rollout of broadband in rural America. At the same time, regulators want to be sure that a different approach will not expose taxpayers to losses.

The Federal Communications Commission voted unanimously last Thursday to consider new rules sought by financial institutions and broadband Internet Service Providers that claimed current policy is frustrating the effort to close the digital divide.