The federal agencies in charge of awarding broadband stimulus funds say that they've received roughly 2,200 applications for the $4 billion worth of grants available for broadband projects in the United States.

The National Telecommunications and Information Administration (NTIA) and the Rural Utilities Service (RUS) say that the 2,200 applications received have proposed approximately $28 billion worth of broadband projects, or seven times the funding currently available.

More: http://pcworld.com/article/170998/

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