The money won't be a major boon to any one town, certainly not on the scale of Mumbai, a major city famous for its many call centers that handle technical support calls from U.S. computer users.

But the federal money is seen by many broadband analysts as a critical means of building new or completing hundreds of stalled municipal Wi-Fi and other broadband projects nationwide.

The money could definitely breath life back into the old, mostly failed that first came to life in 2004 and deteriorated to a terminal state last year, said Craig Settles, an analyst and president of consulting firm Successful.com.

"Most assuredly, the [broadband stimulus package] could reinvigorate municipal Wi-Fi," Settles said in an interview today. "Lack of money has indeed been a big factor."

The was contained in the $789 billion sign into law last week by President Obama.