The Federal Communications Commission is holding a $4.53 billion payout to wireless broadband providers while it investigates charges that a major U.S. carrier has overstated its wireless coverage. The FCC Mobility Fund grants are intended to help cover the cost for wireless providers to cover thinly populated areas, and the amount a carrier gets paid depends on its coverage.
FCC Chairman Ajit Pai announced he’s launching an investigation into whether one or more wireless carriers violated the rules for receiving Mobility Fund grants.
