Kentucky begins $250M project to improve “dismal” broadband availability

By Brian Santo

Frustrated with the “dismal” level of high-speed Internet access available to local residents and businesses, the state of Kentucky has engaged Macquarie Capital to finance and oversee the construction of a fiber backbone that would extend throughout the state.

The project could cost anywhere from $250 million to $350 million. The state said the project will be paid for up front by leveraging private capital at no additional cost to Kentucky taxpayers.  Continue reading