The Rural Utilities Service said eight telcos will share nearly...
The Rural Utilities Service said eight telcos will share nearly $40 million in broadband loans. The companies and loan amounts are: Pembroke Telephone of Georgia for $11,954,000; three Illinois companies -- Alhambra-Grantfork Telephone for nearly $8.8 million, Woodhull Telephone for…
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more than $3.4 million and Oneida Telephone for more than $2.6 million; Minburn Telephone of Iowa for more than $2.9 million; Zenda Telephone of Kansas for $2.95 million; Reservation Telephone of North Dakota and Montana for more than $2.29 million; and Medicine Park Telephone of Oklahoma for more than $4.2 million. The RUS said it was reviving its broadband loan program earlier this year but there had been some concerns about taking out the loans because of uncertainty over the FCC’s proposed Universal Service Fund and intercarrier compensation regime changes (CD March 25 p5).