Telecom regulations - Reuters coverage

[Lucky Green]

At 23:22 7/17/96, E. ALLEN SMITH wrote:
[...]
>>FCC Chairman Hundt Sees Tax On Telecom Industry
>
>>   FAJARDO, Puerto Rico - A small tax will probably be imposed on
>>   telecommunications companies' revenues to subsidize telephone access
>>   in rural areas and help wire classrooms for the Internet, Federal
>>   Communications Commission Chairman Reed Hundt told the nation's
>>   governors.
>
>[...]
>
>>   But ensuring that residents in sparsely populated areas have access at
>>   affordable rates and meeting the administration's goal of wiring every
>>   classroom in the nation for Internet access will require annual
>>   subsidies of about $10 billion, Hundt said.

Ten billion today will of course mean 100 billion tomorrow.



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