Cable MSOs, AT&T enter the broadband stimulus race - FierceTelecom

ince the Obama Administration launched the Broadband Stimulus funding program under the American Recovery and Reinvestment Act (ARRA) last year, large cable MSOs and telcos have mainly sat on the sidelines, but now many of these same companies are changing their tune.

In a somewhat unprecedented move, AT&T has joined their main rivals--cable MSOs, including Comcast, Time Warner, Cox Communications, the National Cable & Telecommunications Association (NCTA) and other smaller MSOs--to apply for a $52 million grant in Round 2 broadband stimulus funding to bring broadband Internet and computers to poor communities...