TIA applauds Senator Daschle initiative

Jan. 27, 2003 - Senator calls for fiscal incentives to deploy broadband technology.

The Telecommunications Industry Association has applauded Senate Minority Leader Tom Daschle for recognizing the need for fiscal incentives to deploy broadband technology throughout the United States.

Daschle, D-S.D., made the call today as part of his introduction of an economic growth plan.

"Over the last two years, TIA has promoted the need for such incentives and we're pleased to see Senator Daschle's efforts compliment our work," states TIA President Matthew Flanigan.

"Instruments such as the broadband tax credit and the proposed increase in depreciation levels for new equipment purchases are critical for the economic health and well being of the United States," says Flanigan. "Targeted incentives such as these will certainly encourage increased investment by service providers, thus stimulating growth in a depressed industry that is pivotal to the recovery of our national economy."

Flanigan says the TIA is encouraged by the actions of Senator Daschle today and hopes to be a resource for his office as these issues move forward.

The TIA, based in Arlington, Va., is the leading trade association serving the communications and information technology industry. For more information visit www.tiaonline.org.

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