Vote on Colorado telecom overhaul expected
(Associated Press Via Acquire Media NewsEdge) DENVER -- Colorado lawmakers are expected to vote on whether to move forward with an overhaul of a ratepayer subsidy for telephone providers involving several dozen million dollars.
Senate lawmakers heard testimony on the bill Monday and are scheduled to vote Wednesday afternoon.
Supporters say the subsidy is outdated because it was originally used to help companies provide telephone service in rural, underserved areas. Critics say many of those areas have several options now.
The bill is opposed by CenturyLink Inc., which has received the bulk of the subsidy in the past. Other providers, including AT&T, support the legislation. It would eliminate subsidies in places where 90 percent of customers have at least five telecommunications providers.
The bill seeks to gradually reduce the subsidy until it's eliminated in 2025.
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