EAGLE-Net tells Colo. lawmakers that broadband build is nearing

09/26/2013 | Multichannel News

EAGLE-Net will choose an independent telecom to run its statewide broadband network in Colorado by the end of next month, agency officials said Wednesday. They also explained to a state legislative committee why the agency has barely spent any of its $100 million federal stimulus grant. EAGLE-Net's plan to serve schools, libraries and other anchor institutions has run into delays, and the agency lost much of its $17 million loan. At the hearing, executives said they could earmark some of the federal funds for operations and defended their decision not to release certain financial information.

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