ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

NC: Kinetic Awarded Contract to Connect 1,381 Homes and Businesses

Kinetic will connect 1,381 North Carolina homes and businesses to high-speed internet as part of the latest round of projects authorized under the state’s Completing Access to Broadband (CAB) program.

Kinetic, a leading internet provider in 18 states, was selected to connect 436 locations in Davidson County and 945 locations in Anson County to its multi-gig fiber network. The cost of the projects will be split between governments and Kinetic. Davidson County’s state funding was $2.24 million, while Anson County’s project included $2.2 million. Kinetic’s private capital investment will be approximately $1.9 million for the counties.

High-speed internet is a necessity in today’s world, facilitating remote work, bolstering local businesses, enhancing educational opportunities, and improving access to telehealth services.

Kinetic is engaged in a multi-year $2 billion investment initiative to expand fiber broadband in rural America. By the end of 2025, more than 40% of the homes and businesses in its 18-state footprint will have access to fiber connections delivering Gigabit internet speeds.

These projects will be funded by the federal American Rescue Plan awarded by the North Carolina Department of Information Technology (NCDIT). The CAB program’s procurement process creates a partnership between counties and NCDIT to identify areas that need access, solicit proposals from prequalified internet service providers, and quickly make awards. Awardees must agree to provide high-speed service that reliably meets or exceeds speeds of 100 Mbps download and 100 Mbps upload.

This CAB program award will be added to NCDIT’s dashboard that shows details and progress on programs funded by the federal American Rescue Plan Act, as part of Governor Stein’s initiative to close the state’s digital divide. The award adds to the more than $547 million in Growing Rural Economies with Access to Technology (GREAT) grants and previous CAB projects that will connect more than 200,000 North Carolina households and businesses to high-speed internet.

Residents interested in Kinetic fiber internet and current customers who are interested in multi-gig capable speeds are encouraged to contact Kinetic at 1-800-347-1991 or locally at 1-270-765-1892 or visit us at our website www.gokinetic.com.

About Kinetic: Kinetic, a Windstream company, offers reliable fiber-based broadband to consumers and small to medium-sized businesses in 18 states. The company’s quality-first approach connects customers to new opportunities and possibilities by delivering a full suite of advanced communications services backed by robust security and friendly customer success experts. Kinetic is focused on expanding its fiber network and bridging the digital divide to deliver modern solutions to customers in underserved areas. Additional information about Kinetic is available via our customer portal at GoKinetic.com or windstream.com. The company also offers managed cloud communications and security services to mid-to-large enterprises, government entities and educational institutions across the U.S. as well as customized wavelength and dark fiber solutions to carriers, content providers and hyperscalers in the U.S. and Canada. Windstream is privately held and headquartered in Little Rock, Ark.

Category: Kinetic

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  229.25
+2.28 (1.00%)
AAPL  269.00
+0.19 (0.07%)
AMD  258.01
-1.66 (-0.64%)
BAC  52.87
-0.15 (-0.28%)
GOOG  268.43
-1.50 (-0.56%)
META  751.44
+0.62 (0.08%)
MSFT  542.07
+10.55 (1.98%)
NVDA  201.03
+9.54 (4.98%)
ORCL  280.83
-0.57 (-0.20%)
TSLA  460.55
+8.13 (1.80%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.