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To: Boplicity who wrote (9249)	10/1/2002 9:50:41 PM
From: Boplicity	Read Replies (3) of 13815

DUH, Senate hears plea for broadband subsidy By Kristin English, Medill News Service Last Update: 6:58 PM ET Oct. 1, 2002 WASHINGTON (CBS.MW) -- It will take a hefty government subsidy and an industry shakeout to bring about widespread use of fast, wireless Internet connections, experts told a Senate committee Tuesday. "This is a time when the government can play a critical role," said Reed Hundt, former chairman of the Federal Communications Commission and one of several witnesses before the Senate Commerce Committee. Wide implementation of wireless broadband technology at a reasonable price could help the industry out of its slump, panelists said, after 500,000 layoffs in recent years and the loss of $2 trillion in market value. Hundt said a vast broadband network linking all American households and businesses needs to be in place for the industry to remain competitive with overseas rivals. He said that less than 15 percent of American households and small businesses subscribe to broadband service, compared with more than 40 percent of Korean households/ WAY PAST due, b

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