Entries in Telecomm (1)

FCC to cap rural telecom fund

I came across this article last night, which sounds like bad news for any company counting on the USF  to prop up its bottom line. That includes Hawaiian Tel, serving the majority of telecom consumers in the state, Nextel and Sandwich Isles Communication, which is building an expensive statewide fiber optic network linking Hawaiian Home Lands. SIC and Nextel already get a combined $44 million a year from the USF. Hawaiian Tel is currently applying for $30 over five years because it has no reserves to invest in its telecom network.

Posted on Monday, May 5, 2008 at 08:16AM by Registered CommenterHunter Bishop in , | Comments2 Comments | EmailEmail | PrintPrint