Cable / Telecom News

$29 million more in third round of rural broadband funding

BRACEBRIDGE, Ont. – One day after the CRTC wrapped up its hearing into the potential for more obligations, money and higher speeds for rural broadband (among other items), Industry Canada announced 21 new projects to be funded through the Broadband Canada: Connecting Rural Canadians program.These 21 latest projects will cost $29.1 million and soon connect 30,184 households in four provinces and one territory to broadband Internet networks, announced Industry Minister Tony Clement, who spoke at the Muskoka Bean Cafe in Bracebridge on Saturday morning.This announcement brings total spending so far from the $225 million Broadband Canada fund to $152 million.Seven...