October 10, 2009
3:43 am

Bill & Melinda Gates Foundation has estimated it would cost $5 billion to $10 billion to wire the nation's "anchor institutions" with fiber-optic cable. The Seattle-based charity filed an analysis to the Federal Communications Commission on Oct. 5, estimating how much it would cost to install fiber-optic lines at about 123,000 hospitals, public libraries, public schools and community colleges. The study focused on bringing high-speed Internet connections to urban, suburban and rural communities. The FCC is asking for a feedback on the plan, including an assumption that 80 percent of the institutions are without fiber. The estimates don’t include the cost of managing a network once its installed, noted.

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