In its latest release of funding for rural broadband experiments, the FCC awarded $16 million to four carriers for rural broadband deployments in territories previously served by price cap carriers. The $16 million will bring broadband service to 2,451 census blocks across five states, reports the FCC.
A total of $16,138,691.71 was awarded to Skybeam, LLC; Daktel Communications, LLC; Federated Telephone Cooperative; and Paul Bunyan Rural Telephone Cooperative. These winners were provisionally selected previously, but were required to provide at least one acceptable irrevocable stand-by letter of credit and a bankruptcy code opinion letter from legal counsel. Having met these requirements, the FCC released the funding through the Universal Service Administrative Company (USAC).