CenturyLink to receive additional Connect America Funds
Applauds FCC Acting Chair Clyburn for her commitment to rural consumers
WASHINGTON, May 22, 2013
WASHINGTON, May 22, 2013 /PRNewswire/ -- CenturyLink, Inc. (NYSE: CTL)
announced today that it is eligible to receive at least $90 million this year
from the Federal Communications Commission's Connect America Fund (CAF) to
bring broadband to thousands of rural homes and businesses in high-cost areas.
The company may also be eligible for additional CAF phase I money that was not
accepted last year.
CenturyLink is currently evaluating how much of this CAF phase I, round 2
money the company will be able to accept and where it will be deployed. The
company will also be spending an equal amount of its own capital over the next
three years to deploy broadband service in rural America.
"CenturyLink is delighted to bring broadband to thousands of rural Americans
who live in areas where the cost of providing broadband service would be
economically prohibitive without public-private programs like the Connect
America Fund. We applaud the commitment of FCC Acting Chairwoman Mignon
Clyburn and Commissioners Jessica Rosenworcel and Ajit Pai to bring the many
benefits of broadband to more Americans in rural areas," said Steve Davis,
CenturyLink executive vice president for public policy and government
"CenturyLink and the commission share the same goal of delivering high-speed
Internet services to Americans who currently don't have access to them," Davis
said. "We praise Chairwoman Clyburn for her dedication to communications
issues that impact rural Americans and for being a strong proponent that all
of the CAF I money left over from the first round be available to rural
consumers. Clyburn has been a staunch advocate for consumers and a tireless
champion of the economic and educational opportunities that come with
Close to 100 members of Congress from both sides of the aisle contacted the
FCC earlier this year urging the commission to distribute immediately CAF
phase I, round 2 money to bring broadband to more rural Americans.
This money is in addition to the $35 million in CAF phase I, round 1 monies
that CenturyLink accepted in 2012 to deploy broadband service to 45,000 homes
in unserved rural areas. The company is also investing hundreds of millions of
dollars of its own money to bring broadband to more customers in high-cost
areas of its territory. The FCC is evaluating models for the next round, CAF
phase II support, which will distribute up to $1.8 billion annually to support
broadband in high-cost rural areas served by companies like CenturyLink.
CenturyLink is the third largest telecommunications company in the United
States and is recognized as a leader in the network services market by
technology industry analyst firms. The company is a global leader in cloud
infrastructure and hosted IT solutions for enterprise customers. CenturyLink
provides data, voice and managed services in local, national and select
international markets through its high-quality advanced fiber optic network
and multiple data centers for businesses and consumers. The company also
offers advanced entertainment services under the CenturyLink® Prism® TV and
DIRECTV brands. Headquartered in Monroe, La., CenturyLink is an S&P 500
company and is included among the Fortune 500 list of America's largest
corporations. For more information, visit www.centurylink.com.
SOURCE CenturyLink, Inc.
Contact: Linda M. Johnson, 202-429-3130, email@example.com
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