Indigenous-owned Alberta broadband project gets $8.1M loan from Infrastructure Bank

EDMONTON – Indigenous-owned telecom service provider Arrow Technology Group has secured an $8.1-million loan from the Canada Infrastructure Bank for new broadband infrastructure serving indigenous and rural communities in Alberta, according to a press release today. The project, whose construction is already underway, will connect 20 indigenous and four rural communities with internet download speeds of 50 Mbps to 300 Mbps and unlimited data. Arrow will manage construction, installation, operations and maintenance of the project. The funding comes from the bank’s Indigenous Community Infrastructure initiative, which is intended to accelerate indigenous infrastructure projects. It will be the bank’s first investment...