Thursday, July 16, 2009

Broadband stimulus details separating likely winners, losers | Unfiltered

The so-called ‘broadband stimulus chill’ is thawing as the federal government’s recently released guidelines shed more light on how broadband stimulus funds will be applied.

In its second-quarter earnings report today, broadband equipment vendor Adtran (NASDAQ: ADTN) said small rural telcos were continuing to free up spending that had been frozen in the first quarter as they puzzled over which plans could coincide with stimulus bids. (The company made similar comments in April, though a rival, Occam Networks, cited the stimulus chill as it cut 10% of its staff in May...)