With broadband stimulus underway, wireless carriers pick up the slack with spending

Although full economic recovery is still a ways offs, telecommunications operators seem to be in more of a spending mood this quarter, now that the first of the $4 billion in broadband stimulus funds is about to be handed out.

This week, the deputy administrator and deputy assistant secretary for communications and information at the National Telecommunications and Information Administration – the U.S. Department of Commerce agency that advises the president on telecom policy – reportedly said the NTIA hopes to start awarding grants early in November...