Posted on Friday, January 30th, 2009 at 12:56 pm
WiMAX Eyes $6bn Grants Program to Boost Broadband
Rethink Wireless
The $825bn ‘economic stimulus plan’ was unveiled by the Democrats in Congress yesterday and includes $6bn in grants for broadband and wireless in rural regions, a sum that could come with controversial conditions attached. In a statement, the House Appropriations Committee said of the $6bn “for every dollar invested in broadband the economy sees a tenfold return on that investment”. The Obama transition team stressed that this grants program would be only part of a broader universal broadband scheme.
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