Friday, April 10, 2009

Broadband Stimulus Funds

One hot topic at CTIA and certainly in the broadband market is the pending stimulus money that will become available from the federal government by Sept 2010. The amount to be allocated to broadband projects is $7.2 billion which is a large sum but after it is broken down in projects, it might not look so large. There has to be at least one grant per state (plus DC and some territories) and 75% must go to rural projects so that is where the emphasis will be for providers. They are encouraging people to team up to take a more holistic view of projects but there will certainly be barriers to doing this. There are also incentives for providing services to unserved and underserved areas.

The legislation is still being worked and public inputs are still being taken but it could be very good for the wireless market providing the funds make it into the hands of the manufacturers. Does anyone has any insights or additional information about the stimulus funding?

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