Intelligent Fiber Network raises $13M to help fund expansion
The Indianapolis-based broadband provider raised the funds from some of its member-owners and a new owner: Wabash Valley Power.
The Indianapolis-based broadband provider raised the funds from some of its member-owners and a new owner: Wabash Valley Power.
The Microsoft Airband Initiative will now be in 25 states by this time next year, more than doubling the program’s original reach and adding states including Indiana.
The buzzword in mobile is 5G—the newest generation of wireless service that promises more speed and better connectivity for smartphones, internet-connected devices and even autonomous cars.
Bridging the digital divide between rural and urban communities will take years to complete, but a first-of-its-kind $100 million state grant program is expected to be a significant start.
The effort was announced Wednesday by the Indiana Office of Community and Rural Affairs. It's part of a broader document called the Strategic Plan for Rural Indiana.
The FCC awarded three telecommunications companies $51 million per year in grants for six years to help bridge the urban-rural digital divide.
U.S. regulators invoked broad powers to ensure that Web traffic for all users is treated equally, adopting net-neutrality rules that supporters say will preserve a wide-open Internet and that opponents vow to fight in court.
The city of Westfield and its school district recently exchanged their homegrown network for $5 million in in-kind services. As a result of the agreement, city and school officials will not have to worry about things like paying for Internet service for the next 10 years.
In his complaint, Greg Jarman alleges an improper account freeze created a liquidity crisis and scuttled plans by a major investor to make a cash injection into the company.
State securities regulators allege that principals of Omnicity Corp. goaded a 19-year-old to invest $100,000 from his inheritance into the wireless broadband firm so that it could clinch the purchase of an Ohio carrier in 2010.
The company, which had big plans to snap up rural broadband systems through the Midwest, has been in a financial slide for months.
The latest of at least five suits filed since early last year involves Columbus, Ohio-based SZD Whiteboard, a consulting firm the company used to identify acquisition targets.
The cable giant now is pitching in Indianapolis suburbs its metro Ethernet product to businesses with 20 to 500 employees.
Federal data shows no more than 20 percent of residents in Gibson County have basic broadband Internet service.
Omnicity Corp. is a half-year behind in payments to a Muncie lender and faces several lawsuits over unpaid bills from companies it acquired.
Omnicity Corp. is named in three lawsuits brought by owners of companies the firm bought who say they’ve not been paid the entire purchase price. All told, they claim they’re owed more than $1.2 million.
The U.S. Department of Agriculture says the grants will bring the high-speed Internet service to about 2,500 homes and about
80 businesses.
The Obama administration said Sunday it intends to nearly double the available amount of wireless communications spectrum
over the next 10 years in an effort to keep up with the ever-growing demand for high-speed video and data transmission to
cell phones, laptops and other mobile devices.
The city of Indianapolis wants to generate revenue by using greenways as fiber optic corridors. But previous legal battles
over leasing rights-of-way to utilities could hang up the plan.
The country’s old, tired cabling was never designed for such high-transmission speeds.