$267M USDA Loan to Expand Broadband across 17 States
On March 25, U.S. Department of Agriculture (USDA) Rural Development Under Secretary Thomas Dorr announced that Open Range Communications, headquartered in Denver, Colo., will receive a $267 million loan from USDA Rural Development to provide broadband service to 518 rural communities in 17 states. The commitment represents one of the largest public-private investments for broadband service by the federal government, the USDA reports. It is also the first USDA Rural Development investment to support Wi-Max technology.