Frontier (NASDAQ: FYBR): What happened? Frontier secured more than $23 million in Federal Funding Account grants to expand high-speed fiber broadband service to unserved and underserved homes and busi...
Company will bring fast, reliable connectivity to thousands of homes and businesses in Riverside and San Bernardino counties
DALLAS: Frontier (NASDAQ: FYBR):
What happened? Frontier secured more than $23 million in Federal Funding Account grants to expand high-speed fiber broadband service to unserved and underserved homes and businesses in California. The three grants from the California Public Utility Commission will enable us to expand our fiber-optic network in San Bernardino and Riverside counties.
Why it matters: With these grants, we will bring fast, reliable connectivity to homes and businesses in the San Bernardino and Riverside areas, boosting economic and educational opportunities for county residents. This work strengthens our commitment to bringing high-speed fiber internet to unserved and underserved communities.
Handy quote: “We are thrilled to receive grant funding that supports our commitment to building the critical digital infrastructure California needs to succeed,” said Veronica Bloodworth, Chief Network Officer. “These grants will help us expand access to our high-speed fiber internet to unserved and underserved communities in the state. That means more Californians will be able to benefit from all the opportunities that our fast, reliable fiber connectivity offers.”
Why is this important for California?
“These broadband projects put state and federal funds to work, bolstering our economy, building durable infrastructure, and generating quality jobs,” said CPUC President Alice Reynolds. “This infrastructure will meet the work, education, healthcare, public safety, and social needs of Californians well into the future, bringing us closer to achieving our Broadband For All objectives.”
“These Federal Funding Account grants are an important step to help close the digital divide in rural and urban communities who do not have access or have substandard access to fast and reliable broadband service,” said CPUC Commissioner Darcie L. Houck. “I am excited to support these grants as we take another critical step to ensure broadband for all Californians so everyone can participate in work, school, and daily life.”
About Frontier
Frontier is the largest pure-play fiber provider in the U.S. Driven by our purpose, Building Gigabit America®, we deliver blazing-fast broadband connectivity that unlocks the potential of millions of consumers and businesses. For more information, visit www.frontier.com.
Fonte: Business Wire
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