The FCC at its monthly meeting today proposed the creation of a mobility fund. The concept would create a single-instance fund between $100 million and $300 million to deploy 3G and ultimately 4G in rural areas or other regions where any modern cellular data has been unavailable. Under the model, the FCC could use an inverted auction, giving contracts to whoever bids the lowest and adding additional carriers until no more money is available for a given area.
