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Wireless Operators May Receive Tax Credits

Jan 27, 2009, 12:01 PM by Eric M. Zeman

Washington is considering granting wireless network providers and other businesses that provide broadband tax credits in an attempt to bolster the U.S. economy. In its current form, the proposal would give a 10% tax credit to companies that build high-speed Internet in rural and under-served areas. Those companies can get an additional 10% break if they build faster Internet services. The idea had originally been limited to wired broadband providers, but now includes tax breaks for wireless broadband providers, such as AT&T Mobility, Sprint, Verizon Wireless and T-Mobile USA. The exact details of the stimulus package have not been finalized.

Reuters »

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Comments

This forum is closed.

This forum is closed.

sangyup81

Jan 28, 2009, 11:51 AM

Finally the US does this

We're probably one of the last countries to have this kind of subsidization for network build out. Hopefully this means we can all have our 4G sooner

eric_cartman

Jan 27, 2009, 12:39 PM

Will this reduce my bill and improve services?

Or will the companies just pocket the difference and do nothing?

One thing ATT could do is improve their 3G reception (just improve on their existing coverage rather than sparsely expand into new ones)

jskrenes

Probably won't do much to reduce your bill. The credits are there to help the carriers improve coverage. So it might improve service if the carriers determine that they need to do so in your area.

mycool

It sounds like they will only receive this credit if they build out rural areas... like here in MI that would be considered "up north". They have wireless internet up north, but it's really not that good and not that fast. Bleh!

crood

Does it matter? If you pay taxes, you're paying for it, anyway.

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