Frontier Secures Grants for Fiber Internet Expansion
Frontier (NASDAQ: FYBR) is excited to announce that it has received seven significant grants from the Connecticut Department of Energy and Environmental Protection. This funding is part of the ConneCTed Communities program aimed at expanding high-speed, reliable fiber internet access throughout Connecticut.
Importance of the Expansion
This initiative comes as part of Connecticut's allocation from the American Rescue Plan Act (ARPA) Capital Project Fund. Frontier's ongoing efforts have already connected over 1 million homes and businesses to fiber internet within the past three years. The latest funding underlines Frontier's dedication to bridging the digital divide in unserved and underserved areas.
Bridging the Digital Divide
Reliable internet connections are essential for modern living, influencing education, work opportunities, and overall community development. The grants will facilitate expanded access, empowering residents and entrepreneurs to thrive in an increasingly digital economy.
A Statement from Frontier’s Leadership
Vishal Dixit, Chief Strategy Officer at Frontier, articulated the company’s gratitude and vision, stating, "We are honored to receive seven ConneCTed Communities grants from the Connecticut Department of Energy and Environmental Protection. With this investment, we reinforce our commitment to enhancing Connecticut's digital infrastructure, providing high-speed fiber internet access to even more residents and businesses.”
Community Support and Development
Local leaders have voiced their enthusiasm for this initiative. Connecticut Governor Ned Lamont remarked that expanding broadband infrastructure would make communities stronger and better equipped for today's digital challenges. He emphasized that the state’s investment in broadband access is vital for participation in the modern economy.
Feedback from Local Officials
Adding to this sentiment, Casey Flannagan, the First Selectman of Sharon, expressed that Frontier's partnership with local governments will significantly benefit the residents, students, and businesses. "This commitment is crucial to ensure our community members have access to the reliable internet service they need to succeed and grow," Flannagan stated.
About Frontier Communications
Frontier is a leading provider of fiber-based broadband services in the United States, committed to the goal of Building Gigabit America®. Frontier strives to provide fast internet connectivity to unlock opportunities for consumers and businesses alike, fostering growth and advancement.
Frequently Asked Questions
What are the ConneCTed Communities grants?
The ConneCTed Communities grants are funding programs established by the Connecticut Department of Energy and Environmental Protection to enhance broadband access across the state.
What impact will the grants have?
The grants will help bring high-speed fiber internet to unserved and underserved areas, improving connectivity for homes and businesses.
How many homes has Frontier connected so far?
In the last three years, Frontier has connected over 1 million homes and businesses in Connecticut to fiber internet.
Who is leading Frontier's expansion efforts?
Vishal Dixit, Frontier’s Chief Strategy Officer, is a key figure in the company's expansion initiatives.
How can I learn more about Frontier?
You can find more information on Frontier's services and initiatives by visiting their official website at www.frontier.com.
