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era internet subsidyCNBC
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86% Informative
Charter, Verizon and Comcast are dialing back their support to extend the Affordable Connectivity Program .
The program provided a discount of up to $30 per month for some qualifying households.
It officially ended in June after Congress decided not to renew its funding.
The ACP served roughly 23 million households, two-thirds of which had either inconsistent or zero internet access.
The ACP 's expiration cast a shadow over some businesses namely the companies that had invested heavily in getting new and existing customers enrolled in the program.
Charter Communications CEO Chris Winfrey said in July that the company had "put a lot of effort into the ACP program" The companies expect the biggest impacts to be felt in the third quarter .
VR Score
87
Informative language
86
Neutral language
61
Article tone
formal
Language
English
Language complexity
53
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Hate speech
not hateful
Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
16
Source diversity
14
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