FCC chairman to unveil rural Internet plan Thursday

by Brendan Sasso - 10/04/11 4:33 PM ET

{mosads}They declined to discuss any specifics of Genachowski’s plan before its release.

The $8 billion Universal Service Fund subsidizes phone service in rural areas; Genachowski wants to transition the fund to support high-speed Internet deployment. He argues that expanding broadband access is key to keeping America economically competitive.

The agency’s intercarrier compensation rules govern how much telecom companies must pay to carry each other’s traffic.

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