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    Tax Credit Grant for Internet and Wireless Industry


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    01/28/09 22:09
    A bailout plan to Internet and wireless companies like AT&T, Sprint Nextel Corp. to boost the ailing are being considered by U.S. Lawmakers. The government is willing to give out 10 to 20 percent tax credit to companies that will bring high-speed internet connections in rural and underserved areas. A budget of $6 billion are already approved the House Committees and the Senate wants to add $9 billion more in grants.

    Link: Lawmakers mull Internet, wireless tax credits | Technology | Internet | Reuters

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