ATC receives $30.1 million in fiber funding<\/p>\n
Tennessee Broadband Association members continue making big investments in their communities as they work to spread broadband access throughout rural Tennessee.<\/p>\n
Ardmore Telephone Company is the latest TNBA member to benefit from federal funding programs for rural broadband.<\/p>\n
ATC received a combination $4.9 million grant and $4.9 million loan to install 90 miles of fiber optic broadband that will serve parts of Benton County, Tennessee, and 125 miles of fiber that will serve parts of Lincoln and Giles counties.<\/p>\n
\u201cWe are excited to see more and more members taking advantage of state and federal funding opportunities for broadband expansion,\u201d says TNBA Executive Director Levoy Knowles. \u201cThis will help ATC provide vital technology to unserved areas of Tennessee.\u201d<\/p>\n
The $9.8 million grant\/loan combination comes on the heels of a $20.3 million loan to expand fiber in the New Market, Elkmont, Ardmore, McBurg and Minor Hill communities, covering parts of Tennessee and some of ATC\u02bcs territories in Alabama.<\/p>\n
\u201cWe are very excited to receive these funds to ensure everyone in this region has access to the fastest, most reliable internet technology available,\u201d says ATC Chief Executive Officer Trevor Bonnstetter. \u201cFiber optic broadband is a future-proof technology, and we are proud to make this investment for our community.\u201d<\/p>\n