CEO says Towerstream has advantage in vying for stimulus funds - FierceBroadbandWireless

WiMAX operator Towerstream hopes to cash in on some of the $7.2 billion in broadband stimulus loans the federal government has earmarked for broadband deployments in unserved and underserved areas.

Last week, the National Telecommunications and Information Administration (NTIA), along with the Rural Utilities Service (RUS), revealed their grant guidelines for the stimulus money. Applicants can apply for the first round of funds ($4 billion) from July 14 to Aug. 14 with money starting to flow in September...