IBM To Help Build Broadband Network In Power Lines

From Yahoo News Finance/AP:

Broadband over power lines gets a needed endorsement from a big player in computing

NEW YORK (AP) -- IBM Corp. is throwing its considerable weight behind an idea that seemed to have faded: broadband Internet access delivered over ordinary power lines.

The technology has been around for decades, but most efforts to implement the idea on a broad scale have failed to live up to expectations.

Now, with somewhat scaled-back goals, improved technology, and a dose of low-interest federal loans, IBM is partnering with a small newcomer called International Broadband Electric Communications Inc. to try to make the idea work in rural communities that don't have other broadband options.

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