Monday, February 23, 2009

E-Commerce News: Cable & Satellite: Will Rural Broadband Goose the Economy?

The stimulus bill provides US$7.2 billion for grants, loans and loan guarantees, primarily for areas that lack broadband or are "underserved," though the term is not defined. Some of that money is set aside to expand Internet access at public centers like community colleges and public libraries.

One reason the money won't likely have much impact is its small size: less than 1 percent of the overall stimulus package, and substantially less per citizen than some countries, like Ireland and Sweden, have spent on improving their networks.
E-Commerce News: Cable & Satellite: Will Rural Broadband Goose the Economy?
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