Fresh Hope for Broadband

Speedy Internet infrastructure has been slow coming. But states are eager to use stimulus money to change that
Tom Bachtell

On the campaign trail and in the White House, President Barack Obama has embraced the idea of providing high-speed Internet access to every community in America. But the plans for universal broadband have gotten off to a rocky start. Some technology executives complain that the $7.2 billion allocated in the federal stimulus plan isn't half the amount needed to do the job. Telecom companies, including AT&T (T) and Verizon Communications (VZ), are so wary of the program's potentially onerous rules—the strings that usually come attached with federal money—that they may sit out the first round of grants.

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