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USDA Loan to Fund Rural Ohio Broadband
Posted on: 03/26/2008
By  Callie Lyons
The USDA is extending a $267 million loan to a Denver corporation to provide broadband service to rural communities in 17 states, including Ohio.
 
Open Range Communications will deploy wireless, portable broadband connectivity to improve service in considerable portions of rural America. The commitment represents one of the largest public-private investments for broadband service by the federal government.
 
The loan presents dual benefits to the residents of the communities to be served. Those without service will have access to broadband and other technologies for the first time.
Residents in areas served by an existing provider will benefit from mobile and portable broadband, lower prices, enhanced service options and improved quality as a result of marketplace competition.
 
The project is intended to cover more than 6 million people and serve more than 447,000 households within five years. In addition, it will create jobs and business opportunities in the project’s 17-state area.
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