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Fiber’s broadband stimulus winning streak snapped

by Stephen Hardy
Editorial Director and Associate Publisher, Lightwave
August 5, 2010

AUGUST 5, 2010 By Stephen Hardy -- Agriculture Secretary Tom Vilsack yesterday announced the funding of 126 new infrastructure projects that will be funded via the second round of the Broadband Incentives Program (BIP). Unlike previous funding rounds, fiber-based projects did not dominate.

Which is not to say that fiber did poorly. By my count, just under 50 projects involve fiber in some way. (You can count yourself by viewing the full list of new projects.) But wireless, xDSL, and HFC networks finally received more than a handful of awards.

The projects announced yesterday will receive $1.2 billion in stimulus funding, to be matched by $117 million in private investment.

The USDA has issued $2.65 billion in loans and grants to construct 231 broadband projects in 45 states and one territory so far in the two funding rounds. It still has an additional $1 billion in loans and grants it is mandated to release by September 30, 2010.


 

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