CAF-II Funds Rolling Out

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The FCC has granted more long-form applications and authorized funding relating to Auction 903 for Connect America Fund Phase II (CAF-II).  In one public notice, the FCC announced that 611 winning bids were “ready to be authorized” subject to the identified applicants timely providing the required letters of credit and bankruptcy code opinion letters by June 21, 2019.  In another public notice, the FCC authorized $166.8 million of CAF-II support to dozens of carriers covering 856 winning bids in 22 states.  Those funded carriers will receive 10 years of CAF-II funding won at Auction 903 as long as they timely satisfy each of their buildout benchmarks between years 3 and 6.

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