Cable / Telecom News

Feds to announce details of new $1 billion rural broadband fund on Monday

OTTAWA – A Sunday evening media advisory asking journalists to attend a technical briefing with Innovation, Science and Economic Development Canada on its Universal Broadband Fund early tomorrow afternoon, means the details of the new money to help support broadband builds in rural and remote Canada will finally be released Monday, November 9, barring anything unusual happening. The federal government announced the $1 billion for rural internet in March 2019 and it will build upon the $585 million Connect to Innovate fund which has so far connected only about 50 of a planned 975 communities, or about 28,000 homes and...