Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries $23.2 Million Investment Bringing High-Speed Kinetic Fiber to Three Pennsylvania Counties By: Windstream Holdings via Business Wire May 30, 2024 at 09:30 AM EDT $11.9 million was awarded to Kinetic from Pennsylvania’s $204 million Broadband Infrastructure Program to help bring high-speed fiber internet to 2,400 locations in three counties Kinetic will almost double the investment by contributing $11.3 million to the project Nearly three-quarters of the upgraded locations will be in Clarion County Kinetic has been awarded an $11.9 million grant to significantly expand its fiber-optic network in Clarion County, Centre County, and Erie County, Pennsylvania, by the end of 2026. This expansion will bring gigabit internet speeds to nearly 2,400 previously underserved and unserved locations. Kinetic received the $11.9 million grant from the Commonwealth of Pennsylvania's $204 million Broadband Infrastructure Program. In addition, Kinetic will invest $11.3 million of private capital in the fiber-to-the-home project and also cover any cost overruns. “The collaboration between Kinetic, the Commonwealth of Pennsylvania, and the stakeholders of Clarion County is a prime example of how strategic investments and partnerships can effectively address connectivity challenges in rural communities,” said Clarion County Commissioner Braxton White. In Clarion County, a $20 million project will bring gigabit internet speeds to 1,760 locations. In Centre and Erie counties, the investment totals approximately $3 million and will deliver gigabit internet to almost 640 locations. This landmark network expansion is made possible through a blend of funding from the American Rescue Plan Act and private capital from Kinetic, showcasing a successful public-private partnership model. “Kinetic's rollout of 810 miles of new fiber to these three counties underscores its commitment to bridging the digital divide, ensuring that residents and businesses in these communities will no longer be at a digital disadvantage,” said Susan Schraibman, president of Pennsylvania’s Kinetic Operations. “We're not just building a network; we're laying down the digital highways that will empower these communities to grow for generations to come.” Residents and businesses can look forward to signing up for Kinetic's fiber broadband service by the end of 2026. This service expansion will enable users to enjoy reliable gigabit speeds, unlocking a plethora of opportunities for customers to reliably work, focus on their education, and enjoy high-speed internet in all capacities. To learn more about Kinetic, or to see if you’re eligible for Kinetic in your area, please visit our website at www.gokinetic.com. About Kinetic: Kinetic, a Windstream company, offers fiber-based broadband to residential and small business customers 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. Kinetic is one of three brands managed by Windstream. The company also offers managed cloud communications and security services to mid-to-large enterprises and government entities 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 a privately held company headquartered in Little Rock, Ark. Additional information about Kinetic is available at GoKinetic.com or windstream.com. Category: Kinetic View source version on businesswire.com: https://www.businesswire.com/news/home/20240529384201/en/Contacts Victoria Carman, Victoria.carman@windstream.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
$23.2 Million Investment Bringing High-Speed Kinetic Fiber to Three Pennsylvania Counties By: Windstream Holdings via Business Wire May 30, 2024 at 09:30 AM EDT $11.9 million was awarded to Kinetic from Pennsylvania’s $204 million Broadband Infrastructure Program to help bring high-speed fiber internet to 2,400 locations in three counties Kinetic will almost double the investment by contributing $11.3 million to the project Nearly three-quarters of the upgraded locations will be in Clarion County Kinetic has been awarded an $11.9 million grant to significantly expand its fiber-optic network in Clarion County, Centre County, and Erie County, Pennsylvania, by the end of 2026. This expansion will bring gigabit internet speeds to nearly 2,400 previously underserved and unserved locations. Kinetic received the $11.9 million grant from the Commonwealth of Pennsylvania's $204 million Broadband Infrastructure Program. In addition, Kinetic will invest $11.3 million of private capital in the fiber-to-the-home project and also cover any cost overruns. “The collaboration between Kinetic, the Commonwealth of Pennsylvania, and the stakeholders of Clarion County is a prime example of how strategic investments and partnerships can effectively address connectivity challenges in rural communities,” said Clarion County Commissioner Braxton White. In Clarion County, a $20 million project will bring gigabit internet speeds to 1,760 locations. In Centre and Erie counties, the investment totals approximately $3 million and will deliver gigabit internet to almost 640 locations. This landmark network expansion is made possible through a blend of funding from the American Rescue Plan Act and private capital from Kinetic, showcasing a successful public-private partnership model. “Kinetic's rollout of 810 miles of new fiber to these three counties underscores its commitment to bridging the digital divide, ensuring that residents and businesses in these communities will no longer be at a digital disadvantage,” said Susan Schraibman, president of Pennsylvania’s Kinetic Operations. “We're not just building a network; we're laying down the digital highways that will empower these communities to grow for generations to come.” Residents and businesses can look forward to signing up for Kinetic's fiber broadband service by the end of 2026. This service expansion will enable users to enjoy reliable gigabit speeds, unlocking a plethora of opportunities for customers to reliably work, focus on their education, and enjoy high-speed internet in all capacities. To learn more about Kinetic, or to see if you’re eligible for Kinetic in your area, please visit our website at www.gokinetic.com. About Kinetic: Kinetic, a Windstream company, offers fiber-based broadband to residential and small business customers 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. Kinetic is one of three brands managed by Windstream. The company also offers managed cloud communications and security services to mid-to-large enterprises and government entities 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 a privately held company headquartered in Little Rock, Ark. Additional information about Kinetic is available at GoKinetic.com or windstream.com. Category: Kinetic View source version on businesswire.com: https://www.businesswire.com/news/home/20240529384201/en/Contacts Victoria Carman, Victoria.carman@windstream.com
$11.9 million was awarded to Kinetic from Pennsylvania’s $204 million Broadband Infrastructure Program to help bring high-speed fiber internet to 2,400 locations in three counties Kinetic will almost double the investment by contributing $11.3 million to the project Nearly three-quarters of the upgraded locations will be in Clarion County
Kinetic has been awarded an $11.9 million grant to significantly expand its fiber-optic network in Clarion County, Centre County, and Erie County, Pennsylvania, by the end of 2026. This expansion will bring gigabit internet speeds to nearly 2,400 previously underserved and unserved locations. Kinetic received the $11.9 million grant from the Commonwealth of Pennsylvania's $204 million Broadband Infrastructure Program. In addition, Kinetic will invest $11.3 million of private capital in the fiber-to-the-home project and also cover any cost overruns. “The collaboration between Kinetic, the Commonwealth of Pennsylvania, and the stakeholders of Clarion County is a prime example of how strategic investments and partnerships can effectively address connectivity challenges in rural communities,” said Clarion County Commissioner Braxton White. In Clarion County, a $20 million project will bring gigabit internet speeds to 1,760 locations. In Centre and Erie counties, the investment totals approximately $3 million and will deliver gigabit internet to almost 640 locations. This landmark network expansion is made possible through a blend of funding from the American Rescue Plan Act and private capital from Kinetic, showcasing a successful public-private partnership model. “Kinetic's rollout of 810 miles of new fiber to these three counties underscores its commitment to bridging the digital divide, ensuring that residents and businesses in these communities will no longer be at a digital disadvantage,” said Susan Schraibman, president of Pennsylvania’s Kinetic Operations. “We're not just building a network; we're laying down the digital highways that will empower these communities to grow for generations to come.” Residents and businesses can look forward to signing up for Kinetic's fiber broadband service by the end of 2026. This service expansion will enable users to enjoy reliable gigabit speeds, unlocking a plethora of opportunities for customers to reliably work, focus on their education, and enjoy high-speed internet in all capacities. To learn more about Kinetic, or to see if you’re eligible for Kinetic in your area, please visit our website at www.gokinetic.com. About Kinetic: Kinetic, a Windstream company, offers fiber-based broadband to residential and small business customers 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. Kinetic is one of three brands managed by Windstream. The company also offers managed cloud communications and security services to mid-to-large enterprises and government entities 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 a privately held company headquartered in Little Rock, Ark. Additional information about Kinetic is available at GoKinetic.com or windstream.com. Category: Kinetic View source version on businesswire.com: https://www.businesswire.com/news/home/20240529384201/en/
