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In 2010 this industry was comprised of 774 firms and

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Unformatted text preview: erall, the telecommunications industry will continue to lose jobs in 2011 and 2012, albeit at a more moderate rate than during the recession—down 400 in 2011 and 200 the following year. Reluctance to increase capital spending and cost-cutting measures contribute to weakening employment. Broadband In 2009, the most significant development in the area of broadband deployment came as the result of passage of the federal American Recovery and Reinvestment Act (ARRA), which allocated $7.2 billion in grant money to be awarded to broadband infrastructure and other investment projects nationwide. The ARRA created two programs for the evaluation of grant proposals: the Broadband Technology Opportunities Program (BTOP), 2012 Colorado Business Economic Outlook administered by the National Telecommunications and Information Administration of the Department of Commerce, and the Broadband Initiatives Program (BIP), administered by the Rural Utilities Service of the Department of Agriculture. In 2011, BIP closed to new applications. improve communication infrastruct...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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