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U.S. will launch $3.2b temporary broadband subsidy May 12

WASHINGTON, April 29 (Reuters) - The Federal Communications Commission said it will launch on May 12 a temporary $3.2 billion program to provide lower-income Americans with discounts on monthly internet service and on purchasing laptops or tablet computers.

The discounts, which were funded by Congress, are worth up to $50 a month for internet service, and up to $75 on Tribal Lands. Consumers can get a one-time discount of up to $100 to purchase a device from participating providers if they contribute more than $10 and less than $50 toward the price. The FCC said earlier it had approved more than 300 companies, including AT&T Inc, Verizon Communications, T-Mobile and Comcast Corp -- to participate. (Reporting by David Shepardson)

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