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Democratic contender Sanders proposes $150 billion for 'high-speed internet for all'


REUTERS/Brian Snyder


Democratic presidential contender Bernie Sanders launched a plan on Friday to provide high-speed broadband for every U.S. household at a cost of $150 billion, pledging to use antitrust powers to take on internet, telecom and cable companies.


Sanders, a leading candidate in the crowded field seeking the Democratic nomination to take on Republican President Donald Trump in the November 2020 election, said the funding would go toward infrastructure grants and technical assistance to local governments to build out publicly owned networks.


“Access to the internet is a necessity in today’s economy, and it should be available for all,” Sanders said in a statement, adding he would use antitrust powers and strengthen regulators to “take on the greedy internet, telecom, and cable monopolies and put an end to their absurd price gauging.”


6th November 2019

Source;Reuters

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