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Rural Equities posts 27% decline in annual earnings after milk prices slumped

2015-09-01 03:17:34| Food - Topix.net

Rural Equities, the farming group majority-owned by the Cushing family , posted a 27% decline in annual earnings as milk prices plummeted. The Hastings-based company said operating earnings before interest and tax fell to $4.67 million in the year ended June 30, from $6.43 million a year earlier as Fonterra Cooperative Group slashed its milk price payout to $4.40 per kilogram of milk solids from $8.40/kgMS the previous year.

Tags: posts prices annual rural

 

ATandT gets $89 million to expand Ohio rural broadband

2015-08-31 13:49:15| Telecom - Topix.net

AT&T will receive a total of nearly $89 million in federal funds over the next six years to expand high-speed Internet service to rural Ohio homes and businesses, company officials announced. The funds are part of $427 million in annual, ongoing support from the Federal Communications Commission's Connect America Fund to expand and support broadband for more than 2.2 million rural U.S. customers.

Tags: million expand ohio rural

 
 

09.01.15 -- Internet In Space: nbn's Plan To Bring Broadband To Rural Australia

2015-08-31 05:58:00| rfglobalnet News Articles

09/01/15RF Globalnet Newsletter

Tags: to internet plan australia

 

FCC distributes USD 1 bln in CAF funds for rural broadband

2015-08-28 09:46:00| Telecompaper Headlines

(Telecompaper) The Federal Communications Commission has made a number of Connect America Fund (CAF) awards. Ten carriers have accepted USD 1.5 billion in annual support for rural broadband deployment, which, together with the carrier's own investment, will expand broadband to nearly 7.3 million rural consumers in 45 states nationwide and one US territory over the next few years. The FCC said 27 August was the final day for the carriers to decide whether to accept the offer of support from Phase II of the Connect America Fund. Most of the ten carriers are major national carriers, and their acceptance will infuse over USD 9 billion into rural broadband over the next six years. Specifically, CenturyLink accepted USD 505.7 million in annual, ongoing support to expand and support broadband for over 2.3 million of its rural customers nationwide and to bring broadband speeds of at least 10 Mbps down and 1 Mbps up to nearly 1.2 million homes and businesses in its rural service areas where the cost of broadband deployment might otherwise be prohibitive. AT&T accepted USD 427.7 million in annual, ongoing support for over 2.2 million of its rural customers. The operator will also seek to bring speeds of at least 10/1 Mbps to over 1.1 million homes and businesses in its rural service areas where the cost of broadband deployment might otherwise be prohibitive. Cincinnati Bell accepted USD 2.2 million for over 14,000 of its rural customers.and to bring 10/1 Mbps for 7000 homes and businesses in particularly underserved areas. Consolidated has accepted USD13.9 million for nearly 50,000 of its rural customers and to bring 10/1 Mbps to nearly 25,000 particularly underserved homes and businesses in its rural service areas.

Tags: usd funds rural broadband

 

CenturyLink to deploy broadband to rural areas in 33 states

2015-08-27 22:45:49| Telecom - Topix.net

Telecom carrier CenturyLink will roll out broadband to 1.2 million U.S. homes and businesses in rural areas, using US $506 million from the Federal Communications Commission. The six-year project, expected to start early next year, covers rural areas in 33 states, including large parts of the Midwest, West and Southeast, in addition to other areas.

Tags: states areas rural broadband

 

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