Wednesday, September 2, 2009

Federal government flooded with broadband stimulus applications -- Urgent Communications article

The National Telecommunications & Information Administration (NTIA), one of the government agencies in charge of doling out a large chunk of the $7.2 billion in stimulus money, announced that nearly 2,200 entities have applied for nearly $28 billion in stimulus money from both the NTIA and the Department of Agriculture's Rural Utilities Service (RUS).

That number is nearly seven times the $4 billion available for the program in the first round and debunks the notion that the lack of interest among major broadband operators would diminish the effectiveness of the program...