Sunday, April 16, 2006

A little more info please....."free money"?


Let's see, a federal grant from a bankrupt country, a loan from a bankrupt state and subsidized surfing for all. What's going to happen to companies that employed people and paid taxes to offer this service?
Unstrung - WiMax/Broadband Wireless - WiMax to Muskegon - Wireless Networking News Analysis: "
In one of the most significant WiMax deployments to date, regional service provider Arialink Broadband says it will build out a broadband wireless network for all of Muskegon County, Mich., using 802.16e equipment from Samsung Corp. .
The Muskegon County network is a public/private partnership funded by a $2.2 million federal grant from the Dept. of Housing and Urban Development along with a $4.5 million loan from the state of Michigan's Economic Development Corporation. Arialink will also invest $6 million of its own funds to build the network, says CEO Jason Schreiber. The company has committed to providing high-speed Internet access at speeds of 3 Mbit/s at a cost of $18.99 a month. Faster, higher-priced versions of the service will be available to residents and businesses in the area, providing mobile broadband at bandwidths of 10 Mbit/s and up. "

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