This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Mizzou, 28 Universities Seek High-speed Networks

ALAN SCHER ZAGIER

COLUMBIA, Mo. (AP) â¿¿ The University of Missouri announced Wednesday that is joining an effort by some of the country's top colleges to build "ultra" high-speed data networks in their local communities.

The project is known as Gig.U: The University Community Next Generation Innovation Project. The 29 participating schools include Arizona State, Duke, Florida, Michigan, New Mexico, North Carolina, South Florida and Wake Forest University. The Aspen Institute, a Colorado-based nonprofit, initiated the effort.

The schools and their local partners will solicit proposals from telecommunications companies in their area. They hope to quickly build high-speed broadband networks in communities with low unemployment and heavy demand for such services.

"These networks drive economic growth," said University of Missouri chancellor Brady Deaton. "It will turn the entire city into a laboratory for high-bandwidth technology."

Columbia Mayor Bob McDavid said the city was eager to participate after losing out to Kansas City, Kan., earlier this year as the first place to receive search engine giant Google's new super-fast broadband network, which will provide Internet connections of one gigabit per second.

"The train infrastructure of the 1800s is now the bandwidth of our time," he said. "It's not an (information) pipeline anymore. It's a river. It's a torrent."

The city, state and the university will share the initial $15,000 project costs but expect private investment to drive most of the effort.

"We are talking scores of millions of dollars," McDavid acknowledged.

Project organizers hope the effort in some of the country's most prominent college towns â¿¿ from Bloomington, Ind. to State College, Pa. â¿¿ will drive domestic production of the next generation of Internet applications in an increasingly crowded global marketplace.

"A small amount of financial capital and political capital focused on upgrading university communities can yield major gains for both the future of America's leadership in research and for the American economic leadership," a project summary states.

___

Alan Scher Zagier can be reached at http://twitter.com/azagier.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
SYM TRADE IT LAST %CHG

Markets

DOW 17,841.98 -86.22 -0.48%
S&P 500 2,080.15 -9.31 -0.45%
NASDAQ 4,919.6440 -19.6830 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs