Promising broadband speeds a thousand times faster than what Americans...
Promising broadband speeds a thousand times faster than what Americans have today, Gig.U and Gigabit Squared announced the availability of $200 million to fund the nation’s first multi-community broadband gigabit deployment. Dubbed the “Gigabit Neighborhood Gateway Program,” the project aims…
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to build and test gigabit speed broadband networks by offering them to communities at competitive prices. Community selections will be announced between November 2012 and March 2013. “What makes the Gigabit Squared approach so exciting is that it goes far beyond normal industry business models in how to successfully and creatively improve broadband access for university communities, which is exactly the premise upon which Gig.U was founded,” said Blair Levin, executive director of Gig.U and former architect of the National Broadband Plan, Wednesday. “We intuitively knew this, but to see Gigabit Squared emerge so strongly today proves that yes, America needs an upgrade; and that yes, there are innovators and investors willing to step up to get it done.” FCC Chairman Julius Genachowski called the announcement a “significant accomplishment” that will help ensure America leads the world in bandwidth. “To drive U.S. global competitiveness, it’s vital that we have super-fast broadband testbeds for innovation,” he said. “It’s an important element of unleashing breakthrough innovations in health care, education, business services, and more."