ACA Connects Congratulates the U.S. Treasury on Launch of the $10 Billion Fund to Advance Deployment and Adoption of High-Speed Internet Access

June 7, 2022

PITTSBURGH, June 7, 2022 – The following statement may be attributed to ACA Connects President and CEO Grant Spellmeyer:

“ACA Connects salutes the U.S. Department of the Treasury for awarding more than $500 million in new broadband infrastructure funding to four states – Louisiana, New Hampshire, Virginia, and West Virginia to assist a range of communications providers in advancing the goal of universal and affordable broadband Internet access.”

“Treasury’s announcement today came under the American Rescue Plan‘s Coronavirus Capital Projects Fund (CPF) and should result in the completion of networks capable of symmetrical upload and download speeds of 100 Megabits per second (Mbps) to more than 200,000 homes and businesses.”

“Today’s first state allocations under the CPF mark the beginning phase of a program with $10 billion total set aside for broadband. With the bulk of the funds still to be allocated, ACA Connects’ members look forward to partnering with state fund recipients to ensure the program’s success and fulfill the goal of closing the digital divide once and for all.”

About ACA Connects: America’s Communications Association – Based in Pittsburgh, ACA Connects is a trade organization representing more than 600 smaller and medium-sized, independent companies that provide broadband, phone and video services to nearly 8 million customers primarily located in rural and smaller suburban markets across America. Through active participation in the regulatory and legislative process in Washington, D.C., ACA Connects’ members work together to advance the interests of their customers and ensure the future competitiveness and viability of their businesses.