Rise Broadband will be receiving $16.9 million to offer cost effective Internet and phone service in rural areas in five states through the Federal Communications Commission’s (FCC) Rural Broadband Experiment program.
The FCC Rural Broadband Experiment, created in 2014, aims to invest $100 million to offer affordable broadband service to rural residents across the country. No one bidder will be able to receive more than $20 million.
The FCC received more than 575 bids from 181 companies. Rise Broadband was chosen based on the cost effectiveness of building its networks.
Rise will offer wireless broadband service to more than 43,000 homes and businesses in rural parts of Illinois, Iowa, Nebraska, Kansas, and Texas.
“The FCC Rural Broadband Experiment ensures people in remote areas will have access to high-speed, affordable Internet and phone service – closing the digital divide and providing the communications access they need and deserve,” said Jack Koo, president and chief executive officer of Rise Broadband.
Rise Broadband offers affordable Internet and phone services in 16 states with speeds ranging between 3 Mbps and 1 Gbps.
