On September 28, 2009

Broadband Stimulus Attracting A Great Deal Of Attention As Echostar Sets Record

As part of the “Stimulus” bill or the American Recovery and Reinvestment Act (ARRA) signed by President Obama in March was a provision to set aside about $4 billion to aid in expanding broadband coverage. Part of this is also to be used in especially low served rural areas. There has been a scramble of different companies applying for this money to the tune of over seven times the amount set aside. Echostar the company that provides satellite television services through Dish Network and competes with Direct TV for that market has made some of the largest bids for the money. They have joined with other companies to try and get funding to help develop and launch satellites to aid…


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