State telephone fund now can be used for broadband infrastructure
By Beth Potter
Tuesday, May 13, 2014 at 1:51 pm
About 100 homeowners in the Upper Bear Creek neighborhood plan to lobby CenturyLink for Internet upgrades, now that money from a state telephone fund can be used to pay for broadband infrastructure.
About $50 million is reimbursed to Colorado phone carriers annually from a statewide High Cost Fund. The money is collected through a 2.6 percent surcharge on land-line and cell-phone bills to pay for telephone infrastructure, mostly in rural areas. State legislators recently passed a bill that will make the money available for broadband infrastructure upgrades as well.
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