Monday, July 13, 2009

Small wireless firms get set for recovery funds - Telecom News Analysis

Many of the larger wireless providers quizzed by Unstrung say they're "undecided" on whether to make a bid for the $7+ billion in broadband network loans and grants set aside as part of the Recovery Act. (See Buy American? Not if It's Broadband.)

Clearwire LLC (Nasdaq: CLWR), Sprint Nextel Corp. (NYSE: S), and Verizon Wireless all fall into the undecided camp. AT&T Inc. (NYSE: T) hasn't yet responded to questions about a bid. (See Defining Broadband...)