FCC Chairman Julius Genachowski said Universal Service Fund (USF) reform,...
FCC Chairman Julius Genachowski said Universal Service Fund (USF) reform, net neutrality and private investment will help promote future job growth. Speaking Wednesday at an event sponsored by The Atlantic, Genachowski said the FCC is working to promote job creation…
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through private investments by shifting service in a “targeted, efficient way” to transform the USF. He called net neutrality a “sensible step” to promote the Internet job creation and to create more investments through Internet applications and infrastructure. The FCC’s plan to modernize USF is an effort to “make sure we get the most bang for our USF buck.” By removing barriers to speed broadband deployment, he said jobs will be created by the physical buildout of networks like 4G. He said 53,000 jobs will be created to deploy the 40,000 towers needed for next-generation mobile networks. House Commerce Committee Ranking Member Henry Waxman, D-Calif., said he “commends” the FCC’s efforts to reform USF. “The USF program cannot carry out its critical mission because it is outdated and broken. The Fund must be modernized to support broadband networks, reformed to use public dollars wisely, and strengthened to ensure full transparency and accountability,” he said.