Rhode Island Commerce Corporation

Rhode Island Commerce Announces Selection of GoNetspeed, Verizon for First Round of $25 Million Broadband Infrastructure Investment

The Rhode Island Commerce Corporation announces the selection of internet service providers (ISPs) to complete preapproved infrastructure projects that will improve broadband service for an estimated 6,700 locations in Jamestown, Newport, and Westerly. This round is the first of two to award nearly $25 million in Capital Projects Fund (CPF) investments. Three proposals were selected in a competitive bid process which prioritized speed and affordability by requiring buildouts to include end-to-end fiber networks that can deliver speeds of 100/100Mbps without exceeding $53.09/month.

Statement Regarding Cox Communications Lawsuit

Cox’s lawsuit is both misleading and unsupported by facts. The $108.7 million in federal funds allocated to Rhode Island through the Broadband Equity, Access, and Deployment (BEAD) program is a transformative opportunity designed to close the digital divide in our state by ensuring every resident has access to affordable, reliable, high-speed internet. The State of Rhode Island was awarded these funds only after the National Telecommunications and Information Administration approved the state’s Initial Proposal.