Biden announces more free money for telcos

krolden@lemmy.ml to United States | News & Politics@lemmy.ml – 14 points –
WATCH LIVE: Biden announces $42.5 billion plan to expand high-speed internet across U.S.
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Just another handout to big telco without any stipulations

I posted this in another comment, but from the article:

The amount each state, territory and Washington, D.C., will receive from the $42.5 billion program depends primarily on the number of unserved locations in each jurisdiction or those locations that lack access to internet speeds of at least 25 megabits per second download and 3 Mbps upload.

and

States will have until the end of the year to submit initial proposals outlining how they plan to use the money, which won’t begin to be distributed until those plans are approved

and

Under the rules of the program, states must prioritize connecting predominantly unserved areas before bolstering service in underserved areas, or those without access to internet speeds of 100 Mbps/20 Mbps, and community anchor institutions, such as schools and libraries.

So not exactly, "without stipulations"

Have the telcos ever gotten in trouble for not fulfilling the terms of their handouts?