Tuesday, September 1, 2009

Broadband Stimulus Round I Applicants: ITC DeltaCom, Inc. Applies for $9.4 Million

PRNewswire via 09/01/09 HUNTSVILLE, AL - ITC DeltaCom, Inc. (OTC Bulletin Board: ITCD), a leading provider of integrated communications services to customers in the southeastern United States, yesterday announced it has applied for federal stimulus funding to expand its broadband network access under the American Recovery and Reinvestment Act (ARRA) through the Broadband Technology Opportunity Program (BTOP).

The application requests $9.4 million in grant funding with Deltacom to match an additional $2.3 million to create new access points to Deltacom's network across several underserved markets.

"Deltacom is focused on providing competitive communications services, currently serving customers in a number of rural markets," said Jerry Watts, Deltacom's Vice President of Government and Industry Affairs. "If Deltacom is awarded a grant through the BTOP selection process, our proposal would deliver access to last mile providers for their broadband initiatives and would be a natural extension of the Deltacom network."

Interstate FiberNet Division Partners with Last Mile Providers
Through its wholesale group Interstate FiberNet, DeltaCom has also participated with last mile providers in several other grant applications, including approximately $47 million in construction and broadband access elements.

"DeltaCom's extensive network presence across the Southeast, including our existing reach into tier two and tier three markets, is synergistic with the broadband initiatives of many last mile service providers, educational institutions and government agencies," said Tom Schroeder, Deltacom's Senior Vice President of Carrier Sales.

"We continue to identify partnership opportunities for second and third round BTOP grant applications to address un-served and underserved markets in our home states."

According to reports from the National Telecommunications and Information Administration and Rural Utilities Service, nearly 2,200 stimulus applications were received in round one of the grant process, totaling approximately $27.6 billion in funding, seven times more than the earmarked available funds.

ITC DeltaCom, Inc., headquartered in Huntsville, Alabama, provides, through its operating subsidiaries, integrated telecommunications and technology services to businesses and other communications providers in the southeastern United States.

ITC DeltaCom has a fiber optic network spanning approximately 15,965 route miles, including more than 12,020 route miles of owned fiber, and offers a comprehensive suite of voice and data communications services, including local, long distance, broadband data, Internet connectivity, wireless voice and data services, and customer premise equipment. ITC DeltaCom is one of the largest competitive telecommunications providers in its primary eight-state region.
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