14 DAY TRIAL // Cities may have all the wireless broadband they need, but move away from a metropolis and large towns and you'll find that there is little to no coverage there.
The federal Communications Commission has finally decided to do something about it.
With an investment of $300 million (226.77 million Euro), it will bring broadband access to 400,000 homes and so-called anchor institutions in rural America.
The money is part of the Connect America Fund created in October, 2011, and was made possible by savings from the Universal Service Fund that brought phone service to the whole nation.
"All Americans will benefit while our nation’s global competitiveness is strengthened," said FCC Chairman Julius Genachowski.
Telecommunications companies have three months to decide if they want to participate in the program or not. Carriers aren't obligated in any way, but that doesn't mean they shouldn't or won't go for it.