Hawaiian companies seek $350 million in broadband stimulus to boost online access

Hoping to tap into the pot of federal stimulus money to boost broadband access in underserved areas, a group of companies and agencies in Hawaii have applied for more than $350 million in federal grant and loan funding.

For example, Hawaiian Telcom Inc., Sandwich Isles Communications Inc. and the University of Hawaii are among the local bidders that are seeking than $7.2 billion that the Obama administration is allocating to improve broadband networks in rural and underserved areas...