Techno-News Blog

August 22, 2010

New technology key to Vermont broadband grant

Filed under: Uncategorized — admin @ 12:20 am

By Louis Porter, Times-Argus

With the dust beginning to settle after the announcement that Vermont will receive a large amount of federal stimulus money to expand broadband, telecommunications and government officials are starting to sort out what it could mean for Vermonters. The money, about $81 million in grants given by the U.S. Department of Agriculture and another $35 million in government-backed loans, will go to Vermont Telephone Co., or VTel, vastly increasing the size of the company, which serves 19,000 telephone lines in its territory around Springfield. That money will go to provide fast-speed Internet service to underserved parts of the state, primarily through wireless technology.

http://www.timesargus.com/article/20100810/NEWS02/708109913/1003/NEWS02

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