Industry News - New Hampshire and Vermont receive more than $40 million for fiber optics News Central

New Hampshire and Vermont receive more than $40 million for fiber optics
Created: 7/6/2010 4:21:40 PM

New Hampshire and Vermont recently announced new federal funding initiatives, which will bring fiber-optic networks to their respective states.

Two Vermont telecommunication companies and the University of New Hampshire were awarded government-issued stimulus money to help propel them into the next generation of broadband communications, according to Vermont Public Radio.

The Vermont Telecommunications Authority will receive $33 million to help build a state-wide fiber-optic network, which, in addition to increasing internet speeds, will allow schools and state offices to reduce their expenses, VPR relays.

The remaining $14 million of the $47 million given to the two state groups will go to the Vermont Telephone Company to build another fiber network for educational institutions and public facilities, according to the report.

Nearly 12,000 businesses and 700 community institutions in New Hampshire will be benefactors of additions to the university’s Network Now initiative, VPR reports. With $44 million in government funding, the University of New Hampshire will expand its fiber-optic connections and add more than 700 jobs.

Recently, Virginia Commonwealth University added to its fiber-optic infrastructure, installing new cables in its Medical College of Virginia campus, the Richmond Times-Dispatch relays. The new connections allow researchers to communicate and offer guidance to other educators around the world.ADNFCR-3384-ID-19876223-ADNFCR

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