DTV Coupon Program May Need More Funds

Jun 11, 2008  •  Post A Comment

The National Telecommunications and Information Administration may need more money in order to purchase stamps to send out DTV converter box coupons, Reuters reports. The program, which has enough funding to subsidize 33.5 million converter boxes, has received more than 16 million coupon requests, the wire service says. However, only 42% of requested coupons have been redeemed, with many people not using them before they expire, resulting in multiple coupon requests by the same person, the wire service notes.
—Vlada Gelman


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