Tuesday, April 19, 2011

USDA Announces $40 Million for Rural FTTP Projects

The USDA Rural Development's Rural Utilities Service announced almost $40 million in loans for telecom projects in Georgia, Illinois, Iowa, Kansas, North Dakota, Montana and Oklahoma. The financing will be used to construct more than 1,000 miles of FTTP systems in rural areas. Recipients include:


Pembroke Telephone Company; $11,954,000


Alhambra-Grantfork Telephone Company; $8,775,000

Woodhull Telephone Company; $3,403,000

Oneida Telephone Company; $2,619,000


Minburn Telephone Company; $2,921,000


Zenda Telephone Company; $2,950,000

North Dakota/Montana

Reservation Telephone Cooperative; $2,293,000


Medicine Park Telephone Company; $4,236,000

USDA Rural Development funded more than 16,000 miles of FTTP projects during fiscal year 2010 to upgrade, expand or replace networks and perform system maintenance. http://www.usda.gov

See also