The FCC has qualified 386 applicants to bid in the upcoming Rural Digital Opportunity Fund Phase I auction.
Qualified bidders will compete to receive up to $16 billion over ten years to provide broadband to wholly unserved areas, with priority given to bids for higher speeds (up to 1 Gbps) and lower latency.
“With today’s announcement, we are taking one of the last steps before ringing the opening bell for the Rural Digital Opportunity Fund, our biggest and boldest step yet to bridge the digital divide for over 10 million unserved consumers across rural America,” said FCC Chairman Ajit Pai. “The unprecedented interest in this auction is due in large part to key decisions by the FCC, including providing substantial funding and promoting technological neutrality toward potential bidding participants, as well as our staff’s extensive work to spread awareness of the program and ensure the broadest participation in a competitive auction that will deliver real benefits to rural Americans across the country.”
