As the broadband stimulus deadline looms, businesses and cities spanning the country are rushing to file applications requesting millions of dollars for broadband network deployments. Among the latest wireless filers are SkyTerra and KeyOn.
The deadline for broadband stimulus applications is tomorrow, and it's likely that the list of entities filing for funding will grow dramatically as that date passes. Up for grabs is a total of $7.2 billion in funding, part of the government's $787 billion economic recovery imitative.
With so much money on the table, it's no surprise that companies and others across the country are rushing to grab a chunk. However, what's notable is the relative lack of big names among the filers so far. Indeed, some of the nation's largest telecom operators--Verizon, AT&T, Qwest, Comcast and others--have each said they will not file for stimulus money due to a number of factors, including the net neutrality stipulations guarding the distribution of the funds. San Francisco also is dropping its plans to request funds because, according to TMCnet, the program's rules prevent the city from applying for funds to serve some low-income areas.
Others, however, are taking their chances: Level 3 Communications previously announced it will apply for funds with plans of providing network services to potential customers outside large cities such as Denver, Colo., and Leap Wireless is teaming with global nonprofit One Economy to apply for broadband stimulus money that would provide wireless broadband to low-income people in five cities.
Among those wireless filings coming to light today:
After this week's round of grants are awarded, totaling $4.7 billion, the rest will be doled out in several chunks, and all of the money is scheduled to be allocated by September 2010. The Obama administration said the program will create 260,000 new jobs and stimulate the nation's sagging economy.
For more:
- see this SkyTerra release [1]
- see this KeyOn release [2]
- see this CNNMoney.com article [3]
- see this TMCnet article [4]
Related Articles:
Level 3 enters the broadband stimulus race [5]
Leap applies for broadband stimulus grant [6]
No surprise: Country's largest network operators not applying for stimulus money [7]
Broadband stimulus applications given one-week extension [8]
Broadband stimulus rules released, net neutrality a requirement [9]
Links:
[1] http://finance.yahoo.com/news/SkyTerra-Intends-to-File-for-bw-1176419855.html?x=0&.v=1
[2] http://finance.yahoo.com/news/KeyOn-Files-Applications-for-bw-167869880.html?x=0&.v=1
[3] http://money.cnn.com/2009/08/18/technology/broadband_stimulus/index.htm?source=yahoo_quote
[4] http://4g-wirelessevolution.tmcnet.com/broadband-stimulus/topics/broadband-stimulus/articles/62309-san-francisco-cio-yanks-broadband-stimulus-application.htm
[5] http://www.fiercetelecom.com/story/level-3-enters-broadband-stimulus-race/2009-08-18
[6] http://www.fiercewireless.com/story/leap-applies-broadband-stimulus-grant/2009-08-17
[7] http://www.fiercebroadbandwireless.com/story/no-surprise-countrys-largest-network-operators-not-applying-stimulus-money/2009-08-16
[8] http://www.fiercebroadbandwireless.com/story/broadband-stimulus-applications-given-one-week-extension/2009-08-13
[9] http://www.fiercebroadbandwireless.com/story/stimulus-money/2009-07-01