Wednesday, September 2, 2009

Rural broadband stimulus and why domain investors should care | BruceMarler.com

One of the things I have been surprised that I have not heard more domain investors discuss is the rural broad stimulus that has been approved and is being allocated to drive broadband penetration deeper into areas that have previously had only dialup or other slow Internet connections. With my previous background in Telecommunications I was aware of this and was working with companies that were looking to bid on grabbing a piece of the stimulus funds and could see how this would impact business in these communities that previously did not have easy, affordable and quick Internet access.

Well, many of the bids have been submitted for approval and will be awarded towards the end of this year. There is 7.2 billion dollars up for grabs to help build out this access, much of it will likely be over broadband wireless since in many areas it is not feasible to upgrade the in ground copper wires or do fiber to the home type services...