Telecoms target stimulus money - Denver Business Journal:

Companies are racing to tap federal stimulus programs aimed at spreading high-speed Internet access, with proposals ranging from infrastructure expansion to subsidizing computers with satellite broadband service. Two federal agencies, which are in charge of $7.2 billion earmarked to expand broadband access under the stimulus program, published rules July 1 for the first round of $4 billion in loans and grants being offered for projects.

Local companies have hustled since then to see what proposals make sense and can be finished in the six-week application window that ends Aug. 14, said Monisha Merchant, director of product management for Level 3 Communications Inc...