Feds to award rural broadband money to bidding providers: "Up to $2 billion in federal funding is intended to help offset the cost of extending broadband service into rural areas throughout the country over the next decade.
The FCC will distribute the money through what it calls “an innovative reverse auction,” in which internet service businesses submit proposals for service in regions with no internet.
The FCC says the funding program could provide opportunities “for new entrants to the marketplace, regardless of technology, including phone companies, fixed wireless service providers, satellite providers, cable companies and electric utility broadband providers.”"
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