Senate Committee Moves To Provide ACP with $7 Billion … but Ted Cruz Stands in the Way

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Senate Committee Moves To Provide ACP with $7 Billion … but Ted Cruz Stands in the Way

Post by Admin » Mon Aug 05, 2024 6:53 pm

Texas Republican says he'll fight the bill to fund the Affordable Connectivity Program on the Senate floor.

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Comcast and Charter Communications both reported their worst quarterly broadband customer performances ever, with Charter losing nearly 150,000 customers from April through June. The loss of ACP funding was mentioned by company executives as a driving factor for customer defections.

The funding plan also includes $3 billion for the also-broke “Secure and Trusted Networks Act” (otherwise known as “Rip and Replace”), which is backing the effort to remove technology equipment from Chinese suppliers Huawei and ZTE from U.S. broadband networks.

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