12/28/2024
GRM Networks ® Awarded $11.1 Million ReConnect Grant by USDA
for Rural Broadband Fiber-to-the-Premise
Princeton, Missouri -- GRM Networks of Princeton, Missouri, received an $11.1 million
grant from the United States Department of Agriculture’s (USDA) ReConnect Program.
This award was received as part of the highly competitive ReConnect Round 5 Program
and will help GRM Networks bring fiber optic connectivity to the rural residents in parts
of Daviess, Gentry and Harrison counties.
“GRM Networks is excited to be the recipient of this USDA grant,” said Mitchell Bailey,
Chief Executive Officer of GRM Networks. “In addition to the $11.1 million in grant
funds, GRM Networks will invest an additional $3.7 million to complete the $14.8 million
project to bring Fiber-to-the-Premise (FTTP) technology to the underserved rural
residents in these areas.”
This project will provide customers with broadband internet speeds up to 1 gigabit per
second. “I am excited about the opportunity to expand our footprint and bring fiber
connectivity along with our exceptional customer service to more rural communities,”
said Bailey. “Access to quality broadband services is vital to economic development in
rural areas as fiber broadband is critical in creating greater opportunities for education,
precision agriculture, telehealth and working from home.”
The USDA ReConnect program partners with telecommunications providers such as
GRM Networks to bring rural areas an improved quality of life through access to internet
based services.
For more than 70 years, GRM Networks has been providing powerful and innovative
communications solutions to customers in the rolling green hills of Northern Missouri
and Southern Iowa while delivering an exceptional customer experience. As a member-
owned cooperative, GRM Networks, and its subsidiaries, LTC Networks and SCC
Networks, deliver essential fiber-to-the-premise technology to people, businesses,
educational institutions, hospitals, municipalities and civic organizations in a 4,500 square mile area. Headquartered in Princeton, Missouri, GRM Networks is committed to
promoting and investing in the communities it serves. For more information about GRM
Networks, visit grm.net.
