This Convicted Felon Gets $1 Million a Year to Sell Obsolete Internet Service. You Pay for It.
Reporting Highlights
Internet Gold Rush: Alaskan companies are getting billions of dollars in public telecom subsidies, yet the state ranks last in internet speed.
Subsidizing a Ghost Town: The federal government pays one company more than $350,000 a year to provide internet to 300 buildings on an island of 80 people.
Operating From Prison: The owner of another company operated his telecom business from behind bars and today gets more than $1 million a year despite faster options for consumers.
u/Many_Fly_8165 — 3 days ago