Page 14 - THE SOUTH CHINA BUSINESS JOURNAL
P. 14
C. TODAY
The Infrastructure Bill Has
$65 Billion for Broadband
Deployment.
Now What? Reliable, high-speed internet is critical. Broadband
powers business efficiencies, connects local
By Matt Furlow, communities, provides students with educational
U.S. Chamber of Commerce resources and opportunities, and much more.
“ While the benefits of broadband connectivity
abound, not everyone is benefiting. In fact,
The Infrastructure 14.5 million Americans lack internet access in
Investment and Jobs communities across the country. But there’s hope.
Act provided $65 It is called the Broadband Equity, Access, and
billion for broadband Deployment Program.
deployment and
affordability. Fill me in: The Infrastructure Investment and
Now it’s up to Jobs Act (IIJA) provided a historic investment in
policymakers our nation’s infrastructure, including $65 billion
to partner for broadband deployment and affordability. The
with American majority of this investment is for the Broadband
businesses to make Equity, Access, and Deployment (BEAD) Program,
it happen. which will be distributed to states and territories
to finance broadband deployment by the
National Telecommunications and Information
Administration (NTIA). Next month, NTIA is slated to
begin implementing this program.
These crucial investments will help connect all
Americans and ensure that unserved populations can
reap the benefits of a 21st century digital economy.
Numbers to know:
• 14.5 million: According to the Federal
Communications Commission (FCC), 14.5 million
Americans lack access to broadband.
• $42.45 billion: The BEAD Program totals
$42.45 billion, the largest component of the IIJA’s
investments in broadband deployment and the single
largest federal investment in deployment in history.
” • 100/20 Mbps: Minimum requirements of 100
Mbps download speeds and 20 Mbps upload speeds
are required by the infrastructure law to ensure
Americans can effectively access the most innovative
products services in the digital marketplace.
11 AMCHAM SOUTH CHINA
The Infrastructure Bill Has
$65 Billion for Broadband
Deployment.
Now What? Reliable, high-speed internet is critical. Broadband
powers business efficiencies, connects local
By Matt Furlow, communities, provides students with educational
U.S. Chamber of Commerce resources and opportunities, and much more.
“ While the benefits of broadband connectivity
abound, not everyone is benefiting. In fact,
The Infrastructure 14.5 million Americans lack internet access in
Investment and Jobs communities across the country. But there’s hope.
Act provided $65 It is called the Broadband Equity, Access, and
billion for broadband Deployment Program.
deployment and
affordability. Fill me in: The Infrastructure Investment and
Now it’s up to Jobs Act (IIJA) provided a historic investment in
policymakers our nation’s infrastructure, including $65 billion
to partner for broadband deployment and affordability. The
with American majority of this investment is for the Broadband
businesses to make Equity, Access, and Deployment (BEAD) Program,
it happen. which will be distributed to states and territories
to finance broadband deployment by the
National Telecommunications and Information
Administration (NTIA). Next month, NTIA is slated to
begin implementing this program.
These crucial investments will help connect all
Americans and ensure that unserved populations can
reap the benefits of a 21st century digital economy.
Numbers to know:
• 14.5 million: According to the Federal
Communications Commission (FCC), 14.5 million
Americans lack access to broadband.
• $42.45 billion: The BEAD Program totals
$42.45 billion, the largest component of the IIJA’s
investments in broadband deployment and the single
largest federal investment in deployment in history.
” • 100/20 Mbps: Minimum requirements of 100
Mbps download speeds and 20 Mbps upload speeds
are required by the infrastructure law to ensure
Americans can effectively access the most innovative
products services in the digital marketplace.
11 AMCHAM SOUTH CHINA
