Friday, August 14, 2009

Broadband stimulus a no-go for big carriers -- Broadband -- InformationWeek

The first moment of truth for the Obama Administration's $4.7 billion grants to be awarded under the Broadband Stimulus Plan is scheduled for Friday, but don't look for the big broadband players to participate.

AT&T (NYSE: T), Comcast (NSDQ: CMCSA), and Verizon (NYSE: VZ) Communications aren't expected to participate, at least not in this first round, for a variety of reasons. The companies aren't talking publically, but acceptance of government funds could stymie the providers' stances in major issues such as net neutrality and executive compensation...