GTT Communications to file for Chapter 11 bankruptcy
McLean-based telecommunications company GTT Communications Inc. is planning to file a prepackaged chapter 11 case after it closes the previously announced sale of its infrastructure division to Miami-based I Squared Capital, it announced Thursday. After the completion of the $2.15 billion sale, GTT and some subsidiaries will file their cases in the U.S. Bankruptcy Court […]
Telecommunications
VINCE APRUZZESE PRESIDENT, AT&T VIRGINIA, RICHMOND Apruzzese joined AT&T more than two decades ago in accounts payable and has served in roles ranging from legislative affairs to domestic and international corporate security. As president, he helps set and implement AT&T’s public policy and philanthropic initiatives in Virginia. When the pandemic scrambled everyone’s plans,[...]
Closing the digital divide: It’s not optional
With the Senate’s passage of a massive infrastructure bill, there is rare and refreshing bipartisan consensus on the need to close the digital divide, which came into sharp focus during the pandemic. As much of daily life, including work and school, shifted online, underserved communities faced huge obstacles to productivity and success. The sweeping bill […]
Virginia to spend $700M on universal broadband by 2024
Ahead of the General Assembly’s August special session, Gov. Ralph Northam announced Friday he wants to spend $700 million of Virginia’s federal relief funding on expanding broadband access to all of Virginia. Virginia received $4.3 billion in federal funds through the $1.9 trillion American Rescue Plan passed in March. Joined by U.S. Sen. Mark Warner at […]
Shentel appoints executive VP/COO
Edinburg-based Shenandoah Telecommunications Co. — better known as Shentel — has promoted Edward “Ed” H. McKay to lead its broadband business as executive vice president and chief operating officer, effective July 3. McKay will oversee Shentel Cable, Shentel Business, Glo Fiber and Beam brands and the Edinburg-based company’s tower portfolio. He will replace David “Dave” L. He[...]
Atlantic Broadband announces $7.2 million partnership
Atlantic Broadband has announced a $7.2 million partnership to deliver broadband to more than 1,200 homes and businesses in Caroline, Mathews, Lancaster and Middlesex counties. A $4.2 million grant from the Virginia Telecommunication Initiative pays for the bulk of the project, with $1.5 million coming from Atlantic Broadband and the remaining $1.5 contributed by the […]
Dark fiber optic network coming to NoVa
A new 680-mile, regional fiber optic network will begin to take shape in Northern Virginia during the second half of 2021. The project is a joint venture between Annandale-based Tenebris Fiber, Kansas-based Diode Ventures and New York-based JLC Infrastructure. Construction on the new dark fiber network will begin later this year, the companies said, starting […]
Va. allocates $20M for broadband infrastructure projects
Seventeen localities statewide are receiving $20.1 million in grants to improve broadband internet infrastructure, Gov. Ralph Northam announced Thursday. The funding will support 11 projects that will connect 13,400 customers, the governor’s office said in a news release. The localities — primarily in rural areas — are receiving funding through the Virginia Telecommunication Initiative ([...]
Legislation hopes to expand broadband access for low-income students
RICHMOND, Va. — The Virginia General Assembly passed legislation in an effort to expand broadband internet access to low-income students across the commonwealth. Senate Bill 1225, proposed by Sen. Jennifer Boysko, D-Fairfax, authorizes school boards to appropriate funds to partner with private companies for the purpose of implementing and subsidizing broadband internet access for low-income [...]
McLean satellite operator eyes Chapter 11 emergence
McLean-based satellite operator Intelsat Corp. announced Friday it has the support of creditors to financially restructure under Chapter 11 bankruptcy, which would decrease the company’s debt from nearly $15 billion to $7 billion. “Today’s filings and the significant consensus already achieved on the plan pave the way for the company’s emergence from the Chapter 11 […]
$29.6M state grants to expand broadband in 11 localities
Nearly $30 million in Virginia Telecommunication Initiative (VATI) grants will be disbursed among five projects to expand broadband access in 11 localities in the Northern Neck, Southwest and Southern Virginia and Botetourt County, Gov. Ralph Northam announced Tuesday. The projects will connect more than 11,700 households, businesses and institutions to high-speed internet. VATI provides funding [[...]
Five Va., Md.-based electric coops form broadband association
With internet connectivity issues growing in importance during the COVID-19 pandemic, five electric cooperatives in Virginia and Maryland have formed a broadband cooperative association aimed at encouraging the expansion of high-speed internet service in underserved rural areas. The new Maryland and Delaware Association of Broadband Cooperatives (VMDABC) includes Millboro-based BARC Electric Coope[...]