Clearwire 'Undecided' on Stimulus Bid

seems well placed to play a role in the U.S. broadband stimulus program, but the company remains undecided on whether it will bid for any of that funding. U.S. vice president Joe Biden announced Wednesday that the first $4 billion in American Recovery and Reinvestment Act loans and grants is now available. Applications for the stimulus money will be accepted from July 14 until August 14. (See Defining Broadband.) The money is intended to boost the nation's broadband infrastructure -- in particular, bringing faster Internet access to unserved and underserved communities across the U.S. Clearwire, however, may not bid for any of the loans or grants, even though it started by delivering Internet -- and eventually VoIP -- to smaller towns and cities in the U.S. It also has the largest holding of 2.5GHz spectrum of any single... [read full story]                    

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