Towerstream asked for up to $120M in broadband stimulus money

Towerstream, whose current business model involves targeting small and mid-sized businesses with WiMAX in rather large markets like New York, Chicago, Boston and Los Angeles, revealed that is has applied for up to $120 million in broadband stimulus money. The company plans to deliver broadband services to underserved businesses in nine existing markets and eight new U.S. cities, according to Unstrung. Article [1]