IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 07 Dec 2020 | Removal date: open ended

Financial grant

On 7 December 2020, the Federal Communications Commission (FCC) announced providing USD 12.1 million in funding for Halstad Telephone Company to deploy high-speed internet service in rural areas. Funding is authorized for Halstad Telephone Company following the Phase I Auction of the Rural Digital Opportunity Fund (RDOF). These economic resources facilitate the company to provide broadband internet service in two states. Funding will be awarded over 10 years in equal payments as long as the company meets all deployment milestones.

RDOF was launched in January 2020 by the FCC to expand broadband deployment in rural America (see related state act). The first phase of the fund targeted areas that are wholly unserved with fixed broadband service. The budget allocated for Phase I was USD 16 billion. FCC’s reverse auction based on a competitive bidding resulted in a total of USD 9.2 billion in funding for Phase I. The remaining USD 6.8 billion that was not allocated will be rolled over into the Phase II auction. Over 300 service providers participated in the Phase I auction and a total of 180 bidders won auction support. 

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