Source: Columbia Regional Business Report
By: Christina Lee Knauss
South Carolina will receive more than $551 million from the federal government to deploy affordable and reliable high-speed internet around the state.
The announcement came recently from the U.S. Department of Commerce’s National Telecommunications and Information Administration. The state will receive $551,535,983.05 for the high-speed internet, according to a news release. Officials estimate that currently 119,580 homes and small businesses statewide lack access to a high-speed internet connection.
The funding is part of the federal government’s “Internet for All” initiative and the funding is coming form the $42.45 billion Broadband Equity, Access and Deployment program (BEAD), according to the release.
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