The total cost of developing a universal broadband plan for the United States could run as high as $350 billion, but the plan would produce major economic and social benefits ranging from improving healthcare and education to helping people with disabilities and improving public safety programs, according to a report prepared by an FCC task force.
The huge price tag dwarfs the $7.2 billion earmarked in President Obama's economic stimulus program. The task force estimated universal broadband deployment costs would range between $20 billion and $350 billion. The highest figure calls for providing service at 100 Mbps or faster.
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