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Broadbanders Shoot for $100B Stimulus

The Obama administration-to-be is ratcheting up the proposed U.S. government stimulus package as high as $850 billion, and lobbyist organizations in the high-tech and telecom world want as much as $100 billion of that to go toward investments in broadband, according to multiple sources.

Bloomberg reported this morning that an Obama adviser has pegged the stimulus number at $850 billion. Congressional leaders had been saying that a package in the $400 billion range would be the minimum. So it appears the government package is getting more momentum behind it.

The Wall Street Journal this morning reported that broadband initiatives could reach as high as $100 billion in the stimulus package, based on requests from various groups.

Read the rest of the story at Contentinople.

— Scott Raynovich, Publisher, Contentinople

nodak 12/5/2012 | 3:24:50 PM
re: Broadbanders Shoot for $100B Stimulus Where would you spend 100B in broadband? Are we talking tax incentive on projects or handing out more of the tax payer dollars to spend as they wish. If you state the goal of this money is to get a fiber from the nearest POP to the home, that might be worth while. But if you are talking about helping companies upgrade existing networks, this is a waste of money.
Kreskin 12/5/2012 | 3:24:49 PM
re: Broadbanders Shoot for $100B Stimulus
Lets not hope its on equipment that is obsolete in 3-4 years ....
Mark Sebastyn 12/5/2012 | 3:24:48 PM
re: Broadbanders Shoot for $100B Stimulus $100B is $1k per household, which given the scale of this project should be enough to put govt owned fiber to each and every home. They could then lease it.

This would effectively nationalize the exiting telecom business.

Do we really want this?

DCITDave 12/5/2012 | 3:24:46 PM
re: Broadbanders Shoot for $100B Stimulus Government owned vs. Government sanctioned monopolies... tough call.

ph
DarkWriting 12/5/2012 | 3:24:44 PM
re: Broadbanders Shoot for $100B Stimulus I suggest that none of the money be given to a company with more than $10MUSD in revenue. As Tom Friedman says (paraphrased), if you think the big guys are the ones to innovate, you are severely deluded.

DW

PS. If you still believe there are free markets in this country, you are severely deluded as well. Either let the government do it or let smaller businesses do it but don't expect the top 3 in any industry to be an innovator.
Duh! 12/5/2012 | 3:24:40 PM
re: Broadbanders Shoot for $100B Stimulus "if you think the big guys are the ones to innovate, you are severely deluded."

It's not about innovation, it's about execution. We're talking about millions of fiber 'loops', engineered, installed, provisioned, and maintained. Plus procurement, qualification and integration of network equipment and back office systems. Plus customer support. Not something that can be done out of somebody's basement. Or with an "innovation" mindset.

And besides, have you taken a look at some of what Verizon and their suppliers have been doing with FiOS? A lot of it (ClearCurve fiber, MOCA, all the improvements they've made in fiber construction for example) would qualify as "innovation" in my book. The difference being that all of it is driven to solve real problems they encounter in the field, not innovation for innovation's sake.
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