Comcast Committed Lots of Matching Funds for Indiana Broadband Award

Comcast is footing most of the bill for a $55 million broadband network buildout in Indiana for which the company also won funding from the state. The state of Indiana awarded Comcast several grants totaling about $9.4 million to cover some of the costs of the buildout in June. The remaining $45 million-plus will be covered by Comcast, the company spokesperson confirmed.  That’s around 83 percent of total project costs. It’s an even higher percentage than the 62 percent that Comcast provided in awards made in a previous round of Indiana state broadband funding. The awards were made through Indiana’s Next Level Connections program, which targets unserved and underserved areas of the state. The program is administered by the Indiana Broadband Office and the Indiana Office of Community & Rural Affairs.