Consolidated Communications has successfully secured over $200 million in broadband funding, a significant increase from last year's total of $160 million. This is indicative of the company’s expansion and strategic planning in the broadband sector, particularly in New England where it is a key service provider.
Sarah Davis, Consolidated’s VP of Market Development, stated that the company is preparing to bid for additional funding through the BEAD program while noting they have already heard about most pending applications, indicating a proactive approach to funding opportunities.
The company's recent award through New Hampshire's Broadband Matching Grant Initiative showcases their commitment to expanding broadband access, as they plan to contribute an additional $7.7 million alongside the $11.8 million grant for total project costs of $19.5 million.
In addition to their own funding successes, Consolidated faces competition from other companies like HUB66 Inc., which received around $18.4 million through the BMGI Program. This competitive landscape emphasizes the growing demand and importance of broadband services across New England.
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