Broadband Carriers Avoid Stimulus Money

As part of the federal government’s stimulus package, $4.7 billion dollars have been set aside to bring high-speed internet to areas in which such a luxury has not yet been introduced. However, the deadline to accept the money, August 20, is rapidly approaching, and surprisingly few big-name broadband carriers have stepped up to the plate and taken the money.
 
So far, carriers like AT&T, Verizon, and Comcast have not yet applied to receive any portion of the stimulus money and are not expected to do so, according to the Washington Post. The companies reportedly do not have any need for the …read more