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$203 million investment brings high-speed internet to more than 34,000 Kentucky homes and businesses

Frankfurt, Kentucky (WBKO) – As a part of Kentucky’s Higher Plan, Governor Andy Beshear introduced on Monday a historic funding of greater than $203 million to increase high-speed, dependable, and inexpensive Web to greater than 34,000 households and companies in Kentucky together with elements of Edmonson. and Warren County.

South Central Telecom acquired a $1,885,000 grant. The full mission price is $3,710,000 together with required matching funds. This funding will increase entry to high-speed Web to 215 at present unserved households and companies situated in Edmonson and Warren counties.

The state’s Higher Web Program is offering greater than $89.1 million from 46 grants to 12 Web service suppliers and native governments throughout 35 Kentucky counties, the governor stated.

Grant recipients pledged funds commensurate with state contributions, bringing the full funding for this spherical of broadband enlargement awards to greater than $203 million.

“I’m extremely completely satisfied to announce what I imagine is the only largest supplier of high-speed web funding in our Commonwealth historical past,” Bashir stated. “Excessive-speed, dependable web is not simply the infrastructure of the longer term, it is the infrastructure of the current. It is as vital now as roads and bridges. Immediately is a vital a part of our plan to construct a greater Kentucky, the place high-speed web will probably be vital to the success of our state’s financial system and job creation sooner or later.” “.

The awards had been submitted utilizing a aggressive course of managed by the Cupboard of Finance and Administration, which issued a request for proposals in August 2021. An analysis group made up of state authorities workers spent six months evaluating and scoring practically 100 proposals acquired in response to the RFP.

12 profitable candidates, representing 46 initiatives, had been chosen primarily based on their demonstrated means to fulfill sure situations required to obtain this funding.

“These grants will decrease the price of development so that almost all of our rural areas have entry to this important for high-speed web,” stated state price range director John Hicks. This cash is for the unserved areas of Kentucky. We’re additionally organising the primary Kentucky Broadband Improvement Workplace to assist handle and create a Commonwealth Grasp Plan to supply a complete service to each Kentucky citizen.”

Prizes introduced in the present day embrace:

  • Constitution Communications acquired 18 grants totaling $49,980,694. The full funding for the mission is $118,808,035 together with required matching funds. This funding will increase entry to high-speed Web to 18,553 at present unserved households and companies situated in Anderson, Bourbon, Boyle, Carroll, Henry, Jefferson, Jessamyn, Lincoln, Madison, Oldham, Shelby, Spencer and Trimble counties.
  • Frankfurt Planet Council acquired 11 grants totaling $8,045,741. The full mission price is $16,091,483 together with required matching funds. This funding will increase entry to high-speed Web to 1,918 at present unserved households and companies situated in Franklin County.
  • Pennyrile Rural Electrical Cooperative has acquired seven grants totaling $13,827,320. The full mission price is $27,906,340 together with required matching funds. This funding will increase entry to high-speed Web to five,598 at present unserved households and companies situated in Caldwell, Christian, Lyon, Todd and Trigge counties.
  • West Kentucky Rural Phone Co-op Company has acquired two grant awards totaling $3,365,704. The full mission price is $6,731,408 together with required matching funds. This funding will increase entry to high-speed Web to 843 at present unserved households and companies situated in Calloway and Marshall counties.
  • Cumberland Mobile acquired a $1,012,879 grant. The full mission price is $2,025,758 together with required matching funds. This funding will increase entry to high-speed Web to the 290 at present unserved households and companies situated in Casey County.
  • Gibson Join acquired a grant of $4,650,880. The full mission price is $11,073,552 together with required matching funds. This funding will increase entry to high-speed Web to 1,763 at present unserved households and companies situated in Fulton, Graves and Hickman counties.
  • The Bonn County Court docket of Finance acquired a grant of $808,832. The full mission price is $4,880,432 together with required matching funds. This funding will increase entry to high-speed web to 2,130 houses and at present unserved companies situated within the county of Bonn.
  • Duo County Phone Cooperative acquired a $3,368,826 grant. The full mission price is $6,737,652 together with required matching funds. This funding will increase entry to high-speed Web to 550 at present unserved households and companies situated in Russell and Wayne counties.
  • Bardstown Join acquired a grant of $1,090,982. The full mission price is $3,305,064 together with required matching funds. This funding will increase entry to high-speed Web to 1,061 at present unserved households and companies situated in Bullitt, Nelson, Spencer, and Washington counties.
  • Crystal Broadband Networks acquired a $255,835 grant. The full mission price is $515,835 together with required matching funds. This funding will increase entry to high-speed Web to 1,006 at present unserved households and companies situated in Powell County.
  • Tri-County Electrical acquired a $900,000 grant. The full mission price is $1,800,000 together with required matching funds. This funding will increase entry to high-speed Web to 97 at present unserved households and companies situated in Monroe County.

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