Vermont Announces More Than $48 Million in New Broadband Investments

Gov Phil Scott (D-VT) joined the Vermont Congressional Delegation, the Vermont Community Broadband Board (VCBB), and several Cpmmunications Union Districts (CUDs) to announce an additional $48.8 million in broadband construction grant awards. This will bring the total investment in broadband buildout in Vermont to nearly $100 million since the launch of the VCBB in August 2021. These funds have supported the capacity and oversight capabilities of the CUDs, successfully addressed COVID-related supply chain issues, and will now result in the construction of the backbone network that will pave the way to providing universal, statewide, 100/100 Mbps service in the CUDs that have been awarded construction grants. $47.8 million in construction grants is being awarded to CVFiber, DVFiber, Maple Broadband, and NEK Broadband, with an additional $441,000 pre-construction grant awarded to Otter Creek. In May 2021, $16 million in construction grants were approved for NEK Broadband and WCVT/Bolton. Combined, these funds will pay for buildout of over 1,400 miles of network fiber and fiber to the premise (FTTP) in all or parts of 29 towns.