$4 billion to be released soon for broadband

**MIG-31** · Jul 1, 2009, 08:20 PM

WASHINGTON (Reuters) - The U.S. government will soon release $4 billion in loans and grants aimed at expanding broadband access across the United States, officials said on Wednesday.

The funds are part of a $7.2 billion program to build an affordable high-speed Internet structure in rural areas. The project is being pushed by President Barack Obama seeking to shore up the U.S. economy with job creation in the telecommunications sector.
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Source: Yahoo

Jul 1, 2009, 08:20 PM	#1
MIG-31 HardwareHeaven News Mod Join Date: Dec 2002 Location: Nottingham,UK Posts: 56,854 Rep Power: 471 System Specs	$4 billion to be released soon for broadband WASHINGTON (Reuters) - The U.S. government will soon release $4 billion in loans and grants aimed at expanding broadband access across the United States, officials said on Wednesday. The funds are part of a $7.2 billion program to build an affordable high-speed Internet structure in rural areas. The project is being pushed by President Barack Obama seeking to shore up the U.S. economy with job creation in the telecommunications sector. ____________ Source: Yahoo __________________ Please Post Your News Submissions Here