Nearly 3 million Californians at risk of losing home internet service as subsidy expires [Los Angeles Times (CA)]
AT&T Inc. (T)
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Source: Los Angeles Times
Without internet service on a computer, her youngest daughter couldn't get homework assignments in on time, her parents couldn't keep up with online doctor visits, and the English classes she wanted to sign up for were out of reach. Then came a game-changer: The federal government started offering a subsidy that covered $30 of the family's $80 monthly internet bill. But while opening mail at her home in South Gate two months ago, Aleman came across a letter from the Federal Communications Commission announcing that the Affordable Connectivity Program they had come to rely on would end in May unless Congress approved more funding. “My husband is the only one who works, and everything is so expensive right now,” Aleman said. “Sometimes we don't have $30 to spare.” “The program made a significant difference in our lives,” she added. “Without it, life is going to be difficult, and I'm sure I'm not the only one who feels this way.” The program, which was created after the pandemi
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Earnings
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Sec Filings
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- T's page on the SEC website