US to make investment in broadband through stimulus funds

By Incorrect Author 18 December 2009

The Obama administration has disbursed the first tranche of $182 million of $7.2 billion of stimulus funds to support building high-speed Internet networks and encouraging more Americans to use them. The money targets "last-mile" connections linking homes, businesses and other end users to the Internet; "middle-mile" connections connecting communities to the Internet backbone; setting up computing centres in libraries, colleges and other public facilities; and establishing adoption programmes to teach people how to use the Internet. In Dawsonville, vice president Joe Biden announced projects to bring high-speed Internet to rural areas and poor neighbourhoods. The Obama administration expects to give out $2 billion in grants and loans over the next 75 days as the first part of stimulus funding for broadband. For more, read the AP