No Stimulus for Wireless Startups

Medford, Cassimir
February 2009
Red Herring;2/12/2009, p4
Trade Publication
The article reports on the budget to extend broadband coverage allocated by the U.S. Congress under the stimulus bill of 2009. According to the author, Democrats, independents, and three Republican senators have voted to set aside $7 billion or so for broadband communications, but exactly how that money will be spent is unclear. Improved broadband coverage seems to be the main goal of the bill, but about 75 percent of the money is allocated to services with download speeds of 45 Mbps, which eliminates wireless.


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