In broadband news, there are more applicants than grants available in the second round of broadband stimulus funding.

Multichannel News says:

The National Telecommunications and Information Administration in the Commerce Department has received 867 applications for the second round of the federal broadband stimulus. Those applications represent $11 billion in requests, or just over four dollars in requests for every dollar in available funding.

Another 261 applications were for $1.7 billion in grant money for adoption projects including training, education and equipment, and 261 applications for $922 million were for public computer centers.

NTIA has about $2.6 billion left from the $4.7 billion for broadband grants set aside in the stimulus package. The USDA is handing out another $2.5 billion in broadband grants and loans.

(via)

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