Filed under: News | Technology News
Mar 17 2010, 9:25am CDT | by Robert Evans
It's a good day to be an American. BBC News reports that the FCC has just sent in a plan to congress based around the establishment of nation-wide high speed broadband. The report states that roughly 100 million Americans are without broadband at home. Since broadband is "absolutely necessary" (according to former FCC chairman Reed Hundt) we cannot let the current status quo stand.
The FCC is looking to deliver speeds of 100 Mbps. Since the current average speed is 4 Mbps, this would represent a substantial boost. This is obviously a very ambitious plan, and one that will not be cheap to carry out. $350 BILLION freaking dollars is the estimated cost.
Some of that money (a "mere" 7 billion) will come from the President's 2009 stimulus package. Another chunk will be taken care of by an auction of 500 Mhz of spectrum. Most of the burden, though, is sure to fall on the tax-payers.
BANGKOK, Feb 15 (Reuters) - Thai stocks are expected to be trapped in range-trade on Wednesday because of concern about the euro zone debt crisis after another hitch in Greek bailout plans. Euro zone finance ministers dropped plans for a special meeting ...
Full article at: Reuters.co.uk
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Full article at: Reuters
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MANILA, Feb 15 (Reuters) - Here are news stories and press reports which may influence local financial markets on Wednesday: WHAT IS HAPPENING TODAY IN THE PHILIPPINES: - Roxas Holdings Inc holds annual stockholders' meeting, Turf Room, Manila Polo Club, ...
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Robert Evans
The excitement about new smartphones, tablets and anything mobile drive
Robert to unearth the latest rumors and developments in this fast
moving space. He adopted 4G as soon as it become available and knows
where the mobile market is going.
Robert can be contacted directly at robert@i4u.com.
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