Broadband stimulus and vendor financing
June 10, 2009
Debt markets may be thawing for telecom service providers. (Just this week, for example, Equinix and Terremark raised $325 million and $400 million, respectively, in new debt). But for many rural broadband providers, the doors to the country’s financial markets aren’t yet open, which poses a quandary for those hoping to snag federal broadband stimulus funds: How do they raise the capital required to undertake the broadband projects they hope will win them stimulus awards?
One way to do it — though not necessarily an easy way — is with the help of broadband equipment vendors, said Tim Nulty, chairman of ECFiberNet, the East Central Vermont Community Fiber Network...
Debt markets may be thawing for telecom service providers. (Just this week, for example, Equinix and Terremark raised $325 million and $400 million, respectively, in new debt). But for many rural broadband providers, the doors to the country’s financial markets aren’t yet open, which poses a quandary for those hoping to snag federal broadband stimulus funds: How do they raise the capital required to undertake the broadband projects they hope will win them stimulus awards?
One way to do it — though not necessarily an easy way — is with the help of broadband equipment vendors, said Tim Nulty, chairman of ECFiberNet, the East Central Vermont Community Fiber Network...
posted by Connect Ohio at
11:17 AM
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