So after about $6 Billion in stimulus money plus a couple of billion in CAF programs, the FCC Chair still isn't much closer to his goal of Gigabit Internet.
He has bowed down to cable and cell companies to give them anything they want, but they are still mainly beholden to Wall Street and their stock price. I would be too if I had billions and billions in debt with interest rates tied to my stock price. It's a goofy business -- and none of it has to do with what is best for America or the economy. [gets off soap box]
"At the U.S. Conference of Mayors Winter Meeting, FCC Chairman Julius
Genachowski called for at least one gigabit community in all 50 states by 2015. Challenging broadband providers and state and municipal community leaders to come together to meet this “Gigabit City Challenge,” Chairman Genachowski said that establishing gigabit communities nationwide will accelerate the creation of a critical mass of markets and innovation hubs with ultra-fast Internet speeds." [FCC]
No money was thrown at it but a wiki for best practices will be developed. That wiki is called the Google Fiber blog folks!
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