FCC seeks revamp of phone subsidy - WSJ.com

WASHINGTON -- Federal Communications Commission chairman Julius Genachowski said he wants to overhaul a $7 billion federal phone-subsidy program and reallocate more airwaves to wireless carriers as part of a strategy to improve U.S. broadband Internet availability.

Mr. Genachowski's comments Tuesday at a conference here are the latest signals that the FCC chairman is determined to shake up the status quo to make fast Internet service cheaper and more widely available...