US to invest US$4bn in broadband-for-all plan

2 Jul 200935 Views

It has emerged that the US Government is to release US$4bn worth of loans and grants to expand broadband access in under-served areas of the US.

The investment is part of a US$7.2bn programme by the Obama administration aimed at building affordable but high-speed infrastructure in rural areas of the country.

It is part of an overall US$787bn economic stimulus package that was signed into law in February.

Support Silicon Republic

The grants and loans are understood to be open to all local government, as well as private and not-for-profit groups, to apply for.

A number of US government bodies, including the Federal Communications Commission, the Department of Agriculture and the Department of Commerce, are working on a plan to ensure all American households and small businesses are properly connected to high-speed internet.

By John Kennedy