"Lyte will invest an additional $40 million privately to expand the reach of its BEAD projects, reinforcing its commitment to long-term broadband infrastructure in Texas. The preliminary awarded projects span Bee, Cass, Harris, Kleberg, Marion, Navarro, and San Patricio counties, connecting nearly 9,700 homes, businesses, and community anchor institutions, such as schools, health clinics, and public safety entities. Approximately 96 percent of the locations will be connected to a 100 percent fiber-optic network delivering speeds up to 10 Gbps."
""We are honored that the State of Texas chose Lyte for these critical community investments," said Carter Old, CEO of Lyte Fiber. "Our technical, operational, and managerial capabilities set us apart, and we are proud to work with the state as a true partner in closing the digital divide. With projects already underway in 15 markets across Texas, these grant award areas are a natural extension of the work we're already doing - and we can't wait to get started.""
Lyte Fiber received a preliminary $142 million award from the State of Texas to expand high-speed fiber internet to thousands of unserved and underserved locations across seven counties. The award comprises $119 million in federal BEAD funding and $23 million from the Texas Match Assistance Program, backed by the Broadband Infrastructure Fund. Lyte will add $40 million in private investment to extend project reach. The projects will connect nearly 9,700 homes, businesses, and community anchor institutions across Bee, Cass, Harris, Kleberg, Marion, Navarro, and San Patricio counties. About 96 percent of locations will receive a 100 percent fiber network delivering up to 10 Gbps. The statewide program attracted over 4,000 applications and selected 22 applicants.
Read at Telecompetitor
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