Telecom awarded federal broadband money
by Wally Northway
Published: March 5,2010
BAY SPRINGS — On March 4, Agriculture Secretary Tom Vilsack announced the selection of 22 broadband infrastructure projects to give rural residents in 18 states or territories access to improved economic and educational opportunities. Funding for the projects is being provided through the American Recovery and Reinvestment Act.
In all, more than $254.6 million will be invested in 22 projects. An additional $13.1 million in private investment will be provided in matching funds. Congress provided USDA $2.5 billion in Recovery Act funding to assist applicants to bring broadband services to rural unserved and underserved communities. To date, $895.6 million has been provided to support 55 broadband projects in 29 states or territories.
Here in Mississippi, Bay Springs Telephone Company is receiving a loan of approximately $4.3 million and a grant of roughly $4.14 million. The funding will expand advanced DSL broadband services to unserved and underserved areas within Jasper, Jones, Rankin, Scott and Smith counties in Central Mississippi.
To sign up for Mississippi Business Daily Updates, click here.
One Response to “Telecom awarded federal broadband money”
Top Posts & Pages
- Lawmakers debating alternative to Medicaid expansion
- UPDATED: House subcommittee tosses discrimination elements from religious freedom bill
- Senate passes teacher pay raise legislation
- Chris McDaniel gets a thank you note from Travis Childers
- Pickering collects more money from failed beef plant project
- States settle with manufacturers in DRAM price-fixing case
- Reactive Surfaces files lawsuit against Toyota in patent dispute
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- White House hotel making comeback in Biloxi