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FCC Frees Up First Wave of Funds From CAF II Auction

Funding is starting now for the first wave of support from last year’s Connect America Fund Phase II auction, the FCC said Tuesday. The regulator authorized almost $111.6 million in funding over the next 10 years to expand broadband to…

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37,148 unserved rural homes and businesses in 12 states. “Over the coming months, the FCC will be authorizing additional funding waves as it approves the final applications of the winning bidders from the auction,” it said.