Thursday, October 15, 2009

Are restrictions stopping companies from applying for broadband stimulus funding?

While many companies and states are anxiously awaiting funding approval from the federal broadband stimulus program, Tom Staton, CEO of Adtran, said, during an equipment vendor’s earnings call on Oct. 14.

Due to requirements attached with the application process to request broadband funding, tier-two and tier-three carriers such as CenturyLink andWindstream ( News - Alert) opted not to apply for the funds, as a way to not waste unnecessary time with requirements such as network neutrality and data disclosure...