California Public Utilities Commission

California's Broadband Loan Loss Reserve Fund is a $500 million fund that provides a credit enhancement related to the financing of local broadband infrastructure development. The reserve fund expands the ability of local governments, tribes and non-profits to secure financing for building last-mile projects, with an emphasis on public broadband networks. The Fund will provide collateral to local governments to enable more favorable borrowing rates and terms for bonds issued to deploy broadband infrastructure. The Fund was established in 2021. The benefits of the Fund include:

The California Public Utilities Commission (CPUC) delivered a $7 million boost for high-speed internet projects in rural communities across the state. The newest multi-million-dollar grant award is a continuation of the CPUC’s work to support California’s Broadband For All initiative. Funding will go to three projects:

The California Public Utilities Commission (CPUC) approved a $1.78 million grant from the California Advanced Services Fund (CASF) Line Extension Program to South Valley Internet, Inc./LCB Communications. The grant will fund the Southside Road Project in San Benito County which will provide high-speed internet service at speeds of 1 gigabit per second (Gbps) for both download and upload to Southside Road Labor Camp, Hollister Migrant Housing Center, an

The California Public Utilities Commission (CPUC) has made its largest award of state broadband funds to local governments to date by providing $14 million in broadband technical assistance grants to 28 local governments to support efforts to close the digital divide. These are in addition to grants given earlier in October 2022.

The California Public Utilities Commission (CPUC), in ongoing efforts to ensure reliable and affordable telecommunication services, approved Verizon Communications’ acquisition of TracFone Wireless with consumer protection conditions to ensure the acquisition will be in the public interest. The CPUC's Decision finds that in order for Verizon and TracFone to meet the burden of proving their acquisition is in the public interest, they must adopt a number of specific measures to protect consumers-including California Lifeline customers-from price increases and service disruptions.

This proposal that would approve Verizon Communications’ acquisition of TracFone Wireless with consumer protection conditions to ensure the proposed acquisition will be in the public interest.

The California Public Utilities Commission (CPUC) released a ruling and staff report on "Equity and Transparency of Fees, Taxes and Surcharges Assessed on Customers of Telecommunications Services in California." The report found that the total number of communications subscribers in the state has increased substantially over the past decade. Yet, over the same period, the surcharges have yielded diminishing revenues.

The California Public Utilities Commission (CPUC)  approved the merger of Sprint Communications Company and T-Mobile, with extensive conditions to mitigate the potential adverse impacts on competition and to ensure that T-Mobile delivers on its promises to consumers, including requirements for faster speeds, broader coverage, job creation, and offerings for low-income customers. The Decision orders the merged company to implement the following to benefit consumers: