• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, July 25, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

The US is making a $65B investment in broadband internet service

by Chhavideep Singh
November 14, 2021
in Business, Tech, World
Reading Time: 2 mins read
0
Broadband Internet

Source: Business Insider

TwitterWhatsappLinkedin
Broadband Internet
Source:
Business Insider

The United States is currently under the administration of President Joe Biden who, we know, believes in technological advancements and infrastructure advancements for the country. We can call him a tech-savvy President which, honestly, is what we need in these digital times.

You might also like

Weekly Startup Funding News: Indian startups raised $209 Mn this week

Weekly Business News: Everything From Zomato’s Legal Victory to Warner Bros. Deal Delays

Three Harvard Dropouts Who Slept On Floors Now Run A $10.3 Billion AI Chip Company After Etched’s Record Series C

According to recent reports, the United States House of Representatives has passed a historic infrastructure bill that includes capital allocations towards different sectors including energy systems and broadband systems. The administration is allocating USD 1.2 trillion towards advancements in trains, energy systems and planes. This investment includes the country’s largest investment in advancing broadband internet, a whopping USD 65 billion, for the first time in history. As per a report by Popsci, President Biden is expected to sign this historic bill into law on Monday.

Internet is a very crucial part of our lives, and we have realized that since the beginning of the COVID-19 pandemic. There are about 30 million Americans that do not have high-speed internet connectivity because of no broadband infrastructure. There are areas where the internet speed is limited, so much so, that a student will not be able to attend his online classes and a parent will not be able to work from home. These are the issues that were raised during the COVID-19 pandemic and fortunately, the government took note of it. This infrastructure bill is certainly in line to sort this issue by providing high-speed internet connectivity to every household there is, from wall to wall in America.

The bill, once it becomes a law will call for private companies that are interested to build this broadband infrastructure for the government, giving an estimate of how much this will cost. As mentioned in a report by Popsci, a United States program called the Affordable Connectivity Fund seeks to address the budget cost of a high-speed internet connection per month. The lower the cost the better. This program is in continuation with the USD 3.2 billion Emergency Broadband Benefit Program that was started during the beginning of the COVID-19 pandemic to help the low-income houses to sustain with online services, as much as possible.

As per the bill, around USD 2.75 billion will be invested in digital equity plans and USD 2 billion will go towards providing internet services to indigenous communities.

 

Tags: broadband internet servicesinfrastructure billInternet servicesUnited States
Tweet54SendShare15
Previous Post

The United States does not want Intel to boost chip manufacturing in China

Next Post

New leaks and rumors for Apple iMac Pro 2022 surfaced online

Chhavideep Singh

Hi! I'm Chhavideep, If you like reading about technology, business and start-ups, you've come to the right place. Catch me: chhavideep@connasys.com

Recommended For You

Weekly Startup Funding News: Indian startups raised $209 Mn this week

by Ishaan Negi
July 25, 2026
0
Weekly Startup Funding News: Indian startups raised $196 Mn this week; from Emiza to Leap

India's startup funding landscape lost momentum in the fourth week of July, with fewer deals and a sharper concentration of capital in a handful of large investments. While...

Read more

Weekly Business News: Everything From Zomato’s Legal Victory to Warner Bros. Deal Delays

by Ishaan Negi
July 25, 2026
0
Weekly Business News: Top business updates in this week

CCI Clears Zomato Parent Eternal in Competition Case The Competition Commission of India (CCI) has closed a complaint against Eternal Ltd, the parent company of Zomato and Blinkit,...

Read more

Three Harvard Dropouts Who Slept On Floors Now Run A $10.3 Billion AI Chip Company After Etched’s Record Series C

by Rounak Majumdar
July 25, 2026
0
Three Harvard Dropouts Who Slept On Floors Now Run A $10.3 Billion AI Chip Company After Etched's Record Series C

Etched, the AI chip startup founded by three Harvard dropouts in 2022, has closed a $300 million Series C funding round at a $10.3 billion valuation. The round...

Read more
Next Post
New leaks and rumors for Apple iMac Pro 2022 surfaced online

New leaks and rumors for Apple iMac Pro 2022 surfaced online

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?