Municipal Broadband Bans and CenturyLink's Taxpayer Ripoff - They've Taken BILLIONS - Jody Bruchon

Legal disclaimer: this video is opinion-based. You should check the information presented before trusting it. Also, I said 6 billion, but it was 3 billion (6 x $500M); I mathed wrong in my brain.Show more

CenturyLink has taken literal billions of taxpayer dollars and spent it on flushing competitors out of business rather than what it was earmarked for: extending broadband service to unserved and under-served areas. They also joined other huge telecoms in lobbying to ban taxpayer-funded municipal broadband which they call "unfair competition," despite taking taxpayer dollars. Or at least that's what everything I've read tells me.

Background info:
https://www.multichannel.com/news/centurylink-takes-3-billion-govt-broadband-subsidies-393273
https://www.techdirt.com/articles/20161031/07232735920/after-north-carolina-law-bans-municipal-broadband-one-isp-gives-gigabit-connections-away.shtml
https://broadbandnow.com/report/municipal-broadband-roadblocks/

In 2018, CenturyLink claimed to have exceeded 51% of the Connect America Fund requirements:
https://news.centurylink.com/2018-01-18-CenturyLink-brings-broadband-to-600-000-homes-and-businesses-in-rural-America
https://news.centurylink.com/2015-08-27-CenturyLink-to-bring-broadband-to-1-2-million-rural-households-in-33-states

But in 2020, they had to notify the FCC that they did not meet the requirements, and that they don't even know by how much (how do you not know the number?):
https://www.techdirt.com/articles/20200127/09334443804/look-more-giant-isps-taking-taxpayer-money-unfinished-networks.shtml

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