Towerstream asked for up to $120M in broadband stimulus money

Towerstream, whose current business model involves targeting small and mid-sized businesses with WiMAX in rather large markets like New York, Chicago, Boston and Los Angeles, revealed that is has applied for up to $120 million in broadband stimulus money. The company plans to deliver broadband services to underserved businesses in nine existing markets and eight new U.S. cities, according to Unstrung. Article

Suggested Articles

Wireless carriers say their networks are holding up as more Americans do their work, schooling and entertainment from home.

Next week, Rakuten will go live with the world’s first fully virtualized and cloud-based greenfield mobile network.

OneWeb filed for Chapter 11 bankruptcy protection just about a week after launching its latest round of satellites.