Senate considers wireless tax credits for broadband deployments

The Senate Finance Committee is considering a plan to give tax credits to wireless operators and other telecom players to increase broadband deployments in underserved areas. Such a move, broadband players have argued, would spur deployments more so than just grant and loan money.

Sen. Jay Rockefeller, D-W.Va., introduced an amendment that would give a 10 percent tax credit to companies that invest in the expansion of current broadband technology, or 5 Mbps downlink and 1 Mbps uplink. In addition, the amendment also provides a 20 percent tax credit to invest in next-generation broadband, or 100 Mbps downlink and 20 Mbps uplink, in areas where broadband access is sparse or nonexistent. 

For more:
- see RCR News

Related articles:
Broadband stimulus package no blank check
T-Mobile weighs in on possible broadband stimulus incentives
Could the broadband stimulus package be a coup for wireless broadband?
House committee passes broadband stimulus package
Cell tax bill debated at House hearing
CTIA: 5 year tax hiatus on new state, local taxes
White House rejects FCC proposal on cell towers
House investigates FCC's management practices


Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.