Missouri rural broadband providers awarded $254 million in FCC subsidies

Rural broadband internet service in Missouri is getting a boost thanks to new subsidies from the Federal Communications Commission announced Tuesday. Eleven companies in Missouri will share about $254.7 million in federal money to expand their networks in underserved parts of the state.

That’s expected to help bring broadband to more than 95,000 households and businesses, according to the FCC.

The dollar amount makes Missouri the biggest beneficiary of the FCC’s $1.5 billion grant program.

FCC Chairman Ajit Pai said the subsidies, which will be awarded over 10 years, are designed to help bridge the divide between internet haves and have-nots.

Companies have to hit performance targets to continue receiving the funding.

Missouri ranks 42nd in the nation for access to Fixed 25 Mbps or 3 Mbps broadband service, according to an FCC report.

Read more: St. Louis Post-Dispatch


Tags:, , , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students