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

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

02.07.2009
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.

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