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MOTOROLA RECEIVES $50.6 MILLION GRANT FOR LTE NETWORK

|Includes: Alphabet Inc. (GOOG)

 Motorola was given $50.6 million from the National Telecommunications and Information Administration (NTIA) in grant funding to provide a public-safety LTE network for the people of San Francisco. Through a program labeled Bay Area Wireless Enhanced Broadband, or BayWEB, Motorola will be required to connect public institutions like schools, libraries, and hospitals to mobile broadband. This will enable first responders to have priority access to the network in emergency situations.


"When a major earthquake or disaster strikes next in the Bay Area, a regional, secure and dedicated communications network for our first responders will literally save lives, prevent further damage and protect public health and safety," said San Francisco Mayor Gavin Newsom about the program.


The installation will begin in the upcoming months and is expected to be functioning by early 2011. It will be a dual-purpose broadband network, for public officials and citizens, with the option to share the bandwidth for a lower rate than a regular, independent network would cost. This project estimates 1,315 new jobs for the unemployed in the Bay Area. The NTIA will be distributing the remainder of their $4.7 billion stimulus money throughout their September 30, 2010 deadline.



Disclosure: Long MOT