Thursday, October 29

Broadband Fund

Broadband Fund, Carriers, CRTC, News

CRTC announces $ 72 million in financing for five broadband Internet access projects

The Canadian Radio, Television and Telecommunications Commission (CRTC) has selected first five projects to receive funding from its Broadband Fund. The fund will provide $ 72 million to Broadband Communications North and Northwestel for projects in Manitoba, Yukon and the Northwest Territories. Broadband Communications North is receiving $ 9.9 million for its satellite project in Manitoba to serve five communities and 899 households. Northwestel is receiving $ 16.8 million for its fiber project in the Northwest Territories, which will serve 18 communities and 3,643 households. It is also receiving $ 38.6 million to serve 19 communities and 4,680 households through its fiber project in Yukon. The airline's Old Crow satellite project is receiving $ 2.86 million and will serve a comm...