400 billion worth of already paid for failed fiber to the home is well documented, yet oddly ignored in politics. https://newnetworks.com/bookof...
I agree with the previous poster that this is indeed a payoff to telecom. When big telecom beat back the telco reform act of 1996 under Bush Jr, it was the death of thousands of small ISPs and a reason why the US internet costs are far higher than much of the world (We're 28th). The big guys have never been held accountable to the hundreds of billions already given to them for universal broadband and at this rate never will be. However corporate welfare and constant handing over of money will continue. I would not be surprised if some of the old Ma Bell companies selling off their landlines was because of those broken contracts.
I'm in Michigan and a rural electric co-op was able to put fiber to the home to all their customers through TARP funds. 1 gig speeds to rural farm houses is rather nice yet I don't see how bailing out the banks ended up allowing universal connectivity. As they are handing out even more money at least they should use new players like the electric co-op, not someone who has already failed numerous times.
The biggest difference between time and space is that you can't reuse time. -- Merrick Furst