Rural electric co-ops benefit from $20 billion rural digital opportunities fund
HUNTSVILLE, Ala. — FiberRise Communications LLC formed an exclusive partnership with Quadra Partners LLC to assist electric co-ops in obtaining funding from the FCC's Rural Digital Opportunities Fund (RDOF) to expand high-speed broadband access.
The RDOF program will provide up to $20.4 billion in two phases to support the deployment of broadband networks in rural areas, representing the largest one-time award of Universal Service Fund (USF) support for broadband in U.S. history. At least $16 billion of Phase 1 funding will be awarded by the FCC via a reverse-auction process expected to begin later this year.