CenturyLink confirmed that it will accept $35 million from the FCC’s Connect America Fund (CAF) to deploy broadband service to 45,000 homes in unserved rural areas. The company was eligible for nearly $90 million in CAF Phase I funding, but decided that restrictions on the use of the CAF 1 funds made further deployment uneconomic.
“CenturyLink is excited to be able to work with the FCC to bring broadband services to thousands of homes for the first time. In addition to the incremental CAF funding, we are investing millions of dollars of our own money to bring robust broadband services to more customers because we believe these services will bring essential educational and economic opportunities to high-cost, rural areas of the country,” said Steve Davis, CenturyLink executive vice president for public policy and government relations. http://www.centurylink.com
