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USSD service boosts Nigerian mobile transaction options

Developing Telecoms

A reminder that in large parts of Africa internet connectivity is not always guaranteed comes from PalmPay, a financial platform with over 30 million users on its smartphone app in Nigeria.

Finance 269
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Centers for Medicare & Medicaid Services (CMS) will no longer cover costs for high-speed internet for rural healthcare providers

Blandin on Broadband

CMS sent a letter to states today notifying them that it does not intend to approve new or extend existing requests for federal matching funds for state expenditures on these two types of programs designated state health programs (DSHP) and designated state investment programs (DSIP).DSHPs

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Vermont, Ohio Networks Prove Municipal Broadband Pays for Itself

Broadband Breakfast

Instead of giving up when ECFiber failed to secure private financing, the organization turned to its own residents, raising $7 million from nearly 500 local investors to start construction.   Fairlawn decided to finance the network itself, which cost $10.1 million for the outside plant and some small data centers.

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Gov Tech reports on HF2279: expanding the name and duties of the state’s Office of Broadband Development

Blandin on Broadband

It was charged with distributing grants to Internet service providers for investing in broadband infrastructure. These changes will result in better high-speed Internet access, broadband adoption and affordability across the state, Vang said during a House Agriculture Finance and Policy Committee meeting.

Broadband 104
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USF Funding Exceeded $8.5 Billion in 2024

Broadband Breakfast

4, 2025 – The budget of an internet subsidy program overseen by the Federal Communications Commission rose by about 5 percent in 2024, reaching more than $8.5 billion mostly used to bolster the finances of rural-based broadband providers. WASHINGTON, Apr.   Aside from funding the $942.9 million on rural healthcare services.

Finance 98
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Brightspeed Secures Multi-Billion Fiber Network Financing

Broadband Breakfast

August 14, 2024 – Internet Service Provider Brightspeed announced that it secured a multi-billion dollar financing deal that will reinforce its ability to successfully build out a fiber build plan.   Through the financing transaction, Brightspeed receives approximately $3.7

Finance 98
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Brightspeed Secures Multi-Million Fiber Network Financing

Broadband Breakfast

August 14, 2024 – Internet Service Provider Brightspeed announced that it secured a multi-billion dollar financing deal that will reinforce its ability to successfully build out a fiber build plan.   Through the financing transaction, Brightspeed receives approximately $3.7

Finance 97