telecompetitor

Jonesboro, Arkansas-based Ritter Communications continues to build on its legacy of serving underserved communities by aggressively deploying fiber in its four-state footprint across Arkansas, Missouri, Tennessee and Texas. This rapid deployment has been funded by a variety of sources, including support from private equity partner Grain Management and the Ritter family, bank loans, and American Rescue Plan Act-funded state grants for broadband deployment.

In a deal between two broadband and telecommunications operators in rural southeast Iowa, Kalona Cooperative Technology Company (KCTC) acquired Farmers & Merchants Mutual Telephone Company (Famtel).The transaction was about two years in the making. The companies had shared ideas over the years and, in October 2022, the KCTC board of directors signed a letter of intent to acquire Farmtel.

Houston (TX)-based Ezee Fiber is investing $200 million in the continued expansion of its high-speed, 100% fiber optic network in Fort Bend County, a fast-growing area in southeast Texas. The investment pushes forward the company’s plans to reach an additional 125,000 Fort Bend County homes in 2024. The high-speed fiber internet is expected to be available to residents of Mission Bend, Sugar Land, Missouri City, Pearland and surrounding communities by the end of the third quarter of 2024.

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.

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 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.

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.