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USDA makes $26.4M loan for rural Texas broadband

Published on NewsOK Modified: August 15, 2014 at 9:41 am •  Published: August 15, 2014

WINDTHORST, Texas (AP) — The U.S. Department of Agriculture will provide more than $26 million in loans to a North Texas company to improve broadband service for rural customers.

Agriculture Secretary Tom Vilsack on Friday announced the Texas funding as part of nearly $40 million to also benefit projects in Minnesota and North Dakota.

Community Telephone Company Inc. in Windthorst (WIN'-thorst), about 20 miles south of Wichita Falls, plans to replace an outdated copper system with a fiber-to-the-premises network. Community Telephone will make system improvements in its six exchanges as part of the $26.4 million funding.

Further details on the planned improvements in Texas weren't immediately available Friday.