Universal U.S. broadband could cost $350B

WASHINGTON – The cost of bringing high-speed Internet access to all U.S. households could total anywhere from $20 billion to $350 billion depending on how fast the connections are, officials said, Bloomberg News reported.

That estimate comes from a Federal Communications Commission task force that is writing a national plan for delivering universal, affordable broadband. Its members have been asked to deliver a final proposal to Congress by mid-February.

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The head of the task force, Blair Levin, said the current level of combined investment by the federal government and private sector will not be enough to reach that goal. He also said he expects most of the cost of expanding high-speed Internet access will come from private sources such as telecommunications companies.

The task force estimates that two-thirds of American now have broadband Internet at home. They also say between 3 million and 6 million people do not have broadband access.

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