Search:  

 
 
   News
newer
story category One More Broadband Funding Round
Companies, orgs line up for $7.2 billion in broadband stimulus
06:51PM Tuesday Nov 10 2009 by Karl Bode
tags: legal · coverage · business · Politics
According to a statement by the USDA's Rural Utilities Service (RUS) and the Commerce Department's National Telecommunications and Information Administration (NTIA), Uncle Sam will be consolidating the two remaining broadband stimulus funding rounds into one. According to the government, they're merging the funding rounds "to increase efficiency and better accommodate applicants." The government also issued a fifteen-day RFI requesting feedback from bidders aimed at improving the application process. So far, about 2,200 different companies and organizations have put in bids for the $7.2 billion in available funding, making two additional funding rounds a little silly for the volume of demand, versus the limited funding available.

Related:
  1. One Last Warning Before America Screws Up Broadband Mapping
  2. Want To Help Uncle Sam Hand Out Broadband Stimulus?
  3. Largest ISPs Say No Thanks To Stimulus Funds
  4. FCC Launches New Broadband Plan Blog
  5. Cable Operators Now Wary Of Connected Nation?
  6. Connected Nation Takes Inside Track On Minnesota Mapping, Too
  7. Verizon: We're Not Setting Broadband Definition Bar Low
  8. What Network Neutrality Is REALLY About
Forums » One More Broadband Funding Round
view: topics flat text 
Post a:
patcat88

join:2002-04-05
Jamaica, NY

sham

AFAIK, all the broadband stimulus money is just going to temporarily lower the price of broadband for "Lifeline" (poor/disabled) customers. When the stimulus money expires, they will get a rate hike. Nothing more than a giveaway to the telcos and cable cos. No infrastructure has been built with that money. No new customers have gotten broadband with that money. It makes as much sense as giving gift certificates for mcdonalds for those on food stamps.

nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA

Build and Dump

So, will VZ take the money, build things out, then sell it for the tax break?
yt
Premium
join:2008-06-03

Be carefull what you wish for

"A government big enough to give you everything you want is a government big enough to take from you everything you have." - Gerald Ford
yt
Premium
join:2008-06-03


3 edits

Play this out a bit..

Our taxes go to opportunists that didn't have a solid enough business plan to receive private funding. These players try to compete with larger players. This temporarily starts a pricing war (sounds good so far) and perhaps even some innovation.

Now the mid size players can't afford to be in the business anymore and fail.

The smaller opportunist who received the funding probably had no solid business plan in the first place and the government employees vetting this have have NO IDEA how the business works, or the time to really understand the business plan. It is not their money so no skin in the game. Once the funding runs out those smaller business fail.

During all this time the large companies have focused all on price and cut out expansions, innovation, speed-increases, and other efforts that the market has allowed for over the past few years.

The government should be a referee in the free market. Their only job should be to ensure that everyone plays by the rules. Anytime the government gets involved as an owner, coach or quarterback, it ruins the game.
tdouglas22

join:2001-09-25
Memphis, TN

Re: Play this out a bit..

If the other players (the larger telcos) were willing to play fair then you might be on to something. However, the playing field is uneven and has been for quite some time.
Forums » One More Broadband Funding Round


Saturday, 21-Nov 17:28:20 Terms of Use | Privacy Policy | Hosting by www.nac.net - DSL,Hosting & Co-lo | feedback | contact
over 10 years online! © 1999-2009 dslreports.com.