JUNEAU - Alaska is set to share in a new round of federal stimulus money for broadband projects around the country.
The $1.8 billion funding round includes $7.5 million for McLean, Va.-based Spacenet Inc. to offer satellite broadband to rural residential service subscribers in Alaska and Hawaii. A project description released by the White House says about 12,550 people stand to benefit and claims the project will create jobs and future economic growth.
This latest funding round is part of a nearly $7 billion stimulus push aimed at building high-speed infrastructure that the White House says will help bridge the technological divide in communities being "left in the 20th Century economy."
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