The Obama administration begins dispensing $7.2 billion in grants and loans, funded by the American Recovery and Reinvestment Act, to expand broadband access and adoption across the country.
Vice President Joe Biden announced Dec. 17 an initial $183 million investment in 18 broadband projects benefiting 17 states to lay a new foundation for high-speed Internet economic growth. Over the next 75 days, another $2 billion will be made available on a rolling basis to communities that currently have little or no access to the technology.
via Feds Open Broadband Cash Pipeline – Government IT from eWeek.
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December 22, 2009
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