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TAGGED AS FEDERAL BUDGET

Feds boost Universal Broadband Fund by another $1B, propose Digital Services Tax

telecom | 04/19/2021 4:06 pm EDT

As part of its 2021 budget, the federal government is plowing another $1 billion dollars into its Universal Broadband Fund over the next five years, bringing the total fund up to $2.75 billion.  According to the budget document released Monday, the government will spread the additional $1 billion over five years starting in 2021-2022, with more than half of it—some $616 million—front-loaded in the first two years.  The fund was first announced in the 2019 budget as a $1 billion...