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Stock impact report

Internet Bills Could Rise for Millions Soon. Here's What You Can Do to Save Money [CNET News]

WPP plc American Depositary Shares (WPP) 
US:NYSE Investor Relations: wpp.com/wpp/investor/financialnews
Company Research Source: CNET News
The Affordable Connectivity Program -- which helps more than 23 million households in the US afford access to the internet -- is set to end when funding runs out at the end of April . Once the program expires, former participants could see their internet bills increase by $30 to $75 per month. The loss of the ACP will disproportionately affect some demographics. According to Benenson Strategy Group , 41% of ACP participants are in the South and 49% are military families. 95% of participants say the end of the program will cause financial difficulties. If the program doesn't get extended, ACP participants will need to find other options for affordable home internet. There's no single alternative that can replace the $14.2 billion ACP, but there are several government programs, nonprofits and discounted plans from providers that can help ease the transition. Lifeline Lifeline is a federal subsidy that provides $9.25 per month to low-income households for home internet or cellph Show less Read more
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