telecompetitor
Wilkes/RiverStreet Scores Big Loan For Fiber Broadband Projects
RiverStreet Networks, a sister company of rural provider Wilkes Communications, has received a $191.1 million loan from CoBank that will go, in part, to refinance legacy US Department of Agriculture Rural Utilities Service financing and, in part, to deploy fiber broadband in rural areas of North Carolina and Virginia.
Online Anger: Which Broadband Brands Get Customers the Most Riled Up?
The electronics/technology sector ranks second on a list of industries that elicit the most emotional language among online commenters, according to an analysis of online reviews from Trustpilot conducted by online learning provider Preply. The electronics/technology sector was outranked only by the travel/vacation sector.
President Biden Signs Farm Bill Extension, Stopgap Funding for USDA Broadband
President Biden signed an extension to the Farm Bill as part of a new appropriations package aimed at averting a government shutdown. Executives from NTCA—The Rural Broadband Association and WTA—Advocates for Rural Broadband Executives from NTCA—The Rural Broadband Association and WTA—Advocates for Rural Broadband explained that the bill authorizes US Department of Agriculture to continue to operate broadband programs included in the 2018 Farm Bill through September 2024.
Comcast launches symmetrical 2 Gbps service in “select neighborhoods” in Atlanta (telecompetitor)
Submitted by zwalker@benton.org on Wed, 11/15/2023 - 13:08It Takes All Kinds: Maine’s Diverse Broadband Programs
Look at funding resources on the webpages for Maine Connectivity Authority (MCA) and you’ll find multiple funding programs, each with its own set of rules.
Quantum Corridor CFO: We’ll Have First Public-Private 40 Tbps Network in the Western Hemisphere (telecompetitor)
Submitted by zwalker@benton.org on Mon, 11/13/2023 - 13:38Minnesota Line Extension Funding: Local Providers Are the Big Winners
Three local providers were the big winners in the latest round of Minnesota’s Line Extension Connection broadband funding program. Two larger companies—Mediacom and Midco—also won funding in this round of the program, which awarded a total of almost $4.4 million. Mediacom won $190,501 to extend service to 37 locations and Midco won $166,800 to extend service to 21 locations.
Clearwave Fiber Touts New Pricing Strategy (telecompetitor)
Submitted by zwalker@benton.org on Wed, 11/08/2023 - 12:48Investor Urges Shareholders Not to Approve Consolidated Communications Sale
One of Consolidated Communications’ institutional investors is encouraging other shareholders not to vote in favor of the proposed Consolidated sale to Searchlight Capital Partners and British Columbia Investment Management Corporation. The investor, Wildcat Capital Management, owns about 3 million shares of Consolidated stock, or between 2 and 3 percent of the company. That makes Wildcat the fifth largest independent stockholder, according to Wildcat.