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Technology Stocks : XO Holdings, Inc. (XOHO - XO Communications)

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To: tech101 who wrote (473)1/16/2009 1:01:52 AM
From: FJB  Read Replies (1) of 615
 
computerworld.com

January 15, 2009 (IDG News Service) A U.S. House committee has recommended that the federal government give out $6 billion in grants for wireless and broadband rollout in a $825 billion economic stimulus package to be considered in Congress...

The broadband money is less than several groups had called for. A year ago, Educause, a higher education tech advocacy group, called for $100 billion in new broadband spending, with $32 billion coming from the U.S. government, spread out over four years. The money is needed to bring 100Mbit/sec. broadband service to every U.S. home and business, Educause said....
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