For now, the giant communications companies haven’t received any special share of the trillions in economic rescue dollars that Capitol Hill is doling out in response to the pandemic, although they could benefit indirectly from $200 million provided for the Federal Communications Commission's telehealth programs.
The industry is also making efforts to win the good graces of consumers in need. Cisco, which makes the wireless switches and routers that much of the internet runs on, has pledged $225 million to help with global recovery efforts. AT&T created a $10 million fund aimed at helping families and teachers with remote learning tools.
And as a record-breaking 3 million employees applied for unemployment benefits last week, the companies building 5G have said they are facing an. The industry for months has sought millions of dollars in government assistance in training workers more quickly, something it says could benefit both the telecom companies and the many newly laid-off workers.
After this is over, the prospect of affording expensive new, state of the art toys, for most Americans, is gonna be out of our price range, for God only knows how long. And no-one I've read about, can tell us yet, when this Trump Plague truly ends. Nice to dream about, I guess.
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