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Zhone Technologies, Inc. (NASDAQ: ZHNE), a global leader in access network solutions, announced today that its new MXK platform has been accepted by the US Department of Agriculture's Rural Utilities Service (RUS) for use by RUS program participants. RUS and the National Telecommunications and Information Agency (NTIA) are responsible for dispersing the $7.2 billion in economic stimulus funding allocated for broadband initiatives under the 2009 American Recovery and Reinvestment Act (ARRA) RUS provides grants and low cost loans to help network operators secure authorized equipment to bring high-speed broadband services to rural and underserved communities. Zhone products first gained RUS acceptance in 2003, with the recently announced MXK being the newest addition to the program. Latest news : news » news archive » producer [ZHONE] » | ||||