USDA Announces $40 Million for Rural FTTP Projects

The USDA Rural Development's Rural Utilities Service announced almost $40 million in loans for telecom projects in Georgia, Illinois, Iowa, Kansas, North Dakota, Montana and Oklahoma. The financing will be used to construct more than 1,000 miles of FTTP systems in rural areas. Recipients include:



Georgia

Pembroke Telephone Company; $11,954,000



Illinois

Alhambra-Grantfork Telephone Company; $8,775,000

Woodhull Telephone Company; $3,403,000

Oneida Telephone Company; $2,619,000



Iowa

Minburn Telephone Company; $2,921,000



Kansas

Zenda Telephone Company; $2,950,000



North Dakota/Montana

Reservation Telephone Cooperative; $2,293,000



Oklahoma

Medicine Park Telephone Company; $4,236,000



USDA Rural Development funded more than 16,000 miles of FTTP projects during fiscal year 2010 to upgrade, expand or replace networks and perform system maintenance. http://www.usda.gov