A South Dakota-based telecommunications co-op is receiving a $24.9 million loan to upgrade its plant and enhance its broadband service.
The money from USDA's Rural Utilities Service will help Interstate Telecommunications Cooperative Inc. install fiber networks to improve telecommunications capability.
The loans were announced by U.S. Agriculture Secretary Tom Vilsack.
Vilsack says rural Americans need full access high-speed telecommunications services, as broadband allows rural communities to tap into critical health care and social services systems. He says it also helps even the playing field in education and gives small-town businesses a chance to compete globally.
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