Biden Administration: Cable Companies to Offer ‘Free’ High-Speed Internet to Low-Income Homes

05/09/2022 Headline News
Biden Administration: Cable Companies to Offer 'Free' High-Speed Internet to Low-Income Homes
Biden Administration: Cable Companies to Offer 'Free' High-Speed Internet to Low-Income Homes

The Biden administration said on Monday that 20 Internet firms have agreed to give low-income Americans with discounted access, a program that may essentially make millions of homes qualified for free service through an already present federal subsidy, according to Fortune.

The 20 businesses, which include AT&T (T), Comcast (CMCSA), and Verizon (VZ), serve more than 80% of the people in the United States. They will instantly deliver at least one plan with a monthly cost of no more than $30 and download speeds at a minimum of 100 mbps, according to Yahoo Finance.

According to the White House, 40% of the US population, or approximately 48 million households, will be eligible to sign up through an existing initiative named the Affordable Connectivity Program (ACP).

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The initiative is intended for lower-income Americans and offers users a discount of up to $30 per month on their internet bill, thus giving them free service provided they can connect to the internet through one of these partnering providers.

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