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Technology Stocks : Ciena (CIEN)
CIEN 201.51+2.9%Nov 6 4:00 PM EST

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From: Woody_Nickels3/8/2009 2:57:19 PM
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<<Stimulus: U.S. to outline broadband initiative

George Leopold
EE Times
(03/06/2009 2:15 PM EST)

WASHINGTON — Obama administation officials will kick off a U.S. broadband initiative next week to be funded through the economic stimulus package.

On Tuesday (March 10), Agriculture Secretary Tom Vilsack along with officials from the Federal Communications Commission (FCC) and the Commerce Department will outline plans for accelerating the broadband deployment to rural and underserved areas.

The American Recovery and Reinvestment Act includes about $7.2 billion for a broadband build out. The Commerce Department's National Telecommunications and Information Administration will oversee $4.7 billion while the Agriculture Department's Rural Utilities Service will control $2.5 billion in stimulus funding.

Administration officials are expected to announce a series of hearings designed gather public comment on possible projects.

Along with speeding broadband deployment to rural and underserved areas, the initiative aims to target "strategic institutions that are likely to create jobs," the Commerce Department said.

Industry observers said the key to expanded broadband deployment is providing greater access, not speed of access. Gordon Day, president of IEEE-USA, said accelerated deployment of broadband networks could spur collaborative activities that could boost, for instance, science and math education.>>

Let's hope Ciena benefits from this. I know we could use
fiber access in my neighborhood. Right now the cable co.
offers hi-speed, but they want $6000 to run the cable down
my driveway, about 125 yds. So I use dial-up, but DSL is
not available in my neighborhood. There is a warehouse
around the corner that had fiber run to it, but the phone
co. won't run it around the corner to the end of the block
to serve 6-8 houses. That sux!
Will BO fix this?

Woody
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