Tuesday, June 2, 2009

Local telecoms see opportunity in rural broadband stimulus package

June 02, 2009

Larger service providers are passing up potential federal broadband stimulus package grants, but some rural broadband carriers see a potential boon in a tough industry.

Cinergy MetroNet, for example, has ambitions to double the number of Midwestern communities it serves to about 22 if it can get a share of the $7.2 billion in the broadband stimulus fund that will be doled out by the federal government. The Obama Administration's broadband stimulus package is targeting local telecom service providers like Cinergy that want to provide rural broadband access for the first time...