First Batch of CAF-II Funds from Auction 903 Disbursed


The FCC is touting the authorization of the first disbursements of Connect America Fund (CAF) Phase II support won in last year’s Auction 903, where bidders won $1.488 billion of 10-year support to bring broadband to over 700,000 locations in 45 states.  This initial disbursement provides over $111 million to 17 CAF-II recipients and 37,148 unserved rural homes and businesses in 12 states. Recipients have three years to build out to 40% of homes and businesses with an additional 20% coverage in each subsequent year until buildout is complete by the end of year six.

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