Monday, March 1, 2010

Level 3 Wins $14 Million in Federal Broadband Stimulus Funds

Level 3 Communications has been awarded $13.7 million in federal grant funding from the National Telecommunications and Information Association (NTIA) under the American Recovery and Reinvestment Act. Level 3 will commit an additional $4.2 million in matching funds to the NTIA grant for the expansion of rural broadband.

Level 3 said it will use the NTIA grant funding and its own capital to create dozens of new high-speed network access points or middle mile connections in rural areas across six states: California, Florida, Georgia, Kansas, Tennessee and Texas.

Each new access point on the Level 3 network will have the capabilities to provide local telephone, cable and wireless companies more efficient access to Internet, voice, data and video services with national and international reach.