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More than 300 companies participate in internet subsidy program: U.S. agency

Published 2021-04-02, 08:50 p/m
Updated 2021-04-03, 12:31 a/m
© Reuters. FILE PHOTO: The company logo for Oracle Corp. is displayed on a screen on the floor at the NYSE in New York

WASHINGTON (Reuters) - The Federal Communications Commission said Thursday that it had approved 319 companies, including AT&T Inc (NYSE:T) and Comcast Corp (NASDAQ:CMCSA) -- to participate in a temporary $3.2 billion program funded by Congress to provide lower-income Americans with discounts on monthly internet service and on purchasing laptops or tablet computer.

© Reuters. FILE PHOTO: The company logo for Oracle Corp. is displayed on a screen on the floor at the NYSE in New York

The discounts are worth up to $50 a month for internet service, and up to $75 on Tribal Lands. Acting FCC Chairwoman Jessica Rosenworcel said the commission would continue to approve additional providers and expected that Americans would soon be able to enroll in the program.

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