Firms await broadband grant rules - WSJ.com
WASHINGTON -- Obama administration officials will announce rules Wednesday for handing out $7.2 billion in broadband stimulus funds, but some companies already are raising concerns about how long it could take to award the money.
Officials are expected to detail how they plan to distribute $4.7 billion in broadband money from the Commerce Department in grants and $2.5 billion from the Agriculture Department in grants or loans.
Commerce Department officials will still be doling out the first of three rounds of broadband grants in December. Such a delay, business groups and some states say, could push back construction of some projects in northern states to next summer or 2011...
Officials are expected to detail how they plan to distribute $4.7 billion in broadband money from the Commerce Department in grants and $2.5 billion from the Agriculture Department in grants or loans.
Commerce Department officials will still be doling out the first of three rounds of broadband grants in December. Such a delay, business groups and some states say, could push back construction of some projects in northern states to next summer or 2011...

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