Vermont Grants Fund More Rural Broadband Deployments Posted on Share
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Tilson Broadband is deploying a fiber broadband network that will bring service to 500 unserved or underserved residents and businesses in Danville, Lunenburg and St. Johnsbury, Vermont by December. The Vermont broadband build is supported by grants from the state.
Tilson describes itself as a national network development and information infrastructure professional services firm, but it’s role in the deployments will be bigger, as it also will act as the service provider.
The company said that the network will provide speeds ranging from 500 Mbps to 10 Gbps. There will be no data caps. The company has opened a new office and edge data center in St. Johnsbury, which has created several jobs.
January 22, 2021
NetSpeed LLC, a fiber-to-the-premises operator serving residential and business customers in Connecticut and Pennsylvania, announced a partnership with Oak Hill Capital, which will allow NetSpeed to accelerate the expansion of its fiber network throughout the Northeastern United States.
“This agreement gives NetSpeed the ability to significantly expand our business in the Northeast with the support of a partner who has a long history of investing in telecommunications companies with great potential,” said Frank Chiaino, founder and CEO of NetSpeed.
Oak Hill is an experienced investor in the fiber-to-the-premises space. The firm’s current and recently announced investments include Metronet, a leading fiber-to-the-premises operator based in the Midwestern U.S.; Vexus Fiber, an expanding fiber-to-the-premises provider in Texas; Race Communications, a growing fiber-to-the-premises business in California; and recently announced, separate agreements to invest
By the end of the week high-speed fiber internet will be available to 800 homes in the Peardale area, according to Race Communications spokesman Jim Miller.
In September, the county used $1 million of its $10 million state coronavirus relief fund allocation to expedite connection of 500 customers in Zone 2 of a six-zone, $27 million broadband infrastructure effort along Highway 174.
The overall project, previously run by Bright Fiber and held up for years, will eventually cover 2,000 customers and is expected to be complete by the end of next year. According to Miller, Race expects to announce completion estimates for the rest of the zones in the first quarter of 2021.