AT&T, Verizon among recipients of $1.5B in the government's CAF-II funding

Ten carriers, including AT&T and Verizon, have accepted a total of $1.5 billion in funding for the second phase of the Connect America Fund (CAF-II), an FCC reform initiative that promises to bring broadband to an estimated 23 million Americans in rural uncovered areas as the service has been deemed a necessity in today's technology environment.

While most of those funds will be used to deploy fiber and other wired technologies, it nonetheless reflects the government's continued desire to bring broadband to rural locations, and carriers' efforts to build out new connections cheaply.

For more details on which carriers received funding, and what they plan to do with it, check out this FierceInstaller special report.