ORGANIZATION
AMOUNT REQUESTED
$155,000,000
STATUS
None
OKLAHOMANS PROJECTED TO BENEFIT
500,000-1,000,000
ESTIMATED PROJECT DURATION
more than 24 months
IMPACTED COUNTIES
Statewide
PROJECT PURPOSE
Bluepeak is already committed to invest ~ $250 million of private capital in Oklahoma ? ~ 355,000 people in 15 markets Bluepeak will commit to spend an additional ~ $87 million of private capital against the total estimated cost of expanding its fiber-to-the-home internet network to an additional 15 communities in partnership with the State The remaining estimated cost of expansion totaling ~ $155 million would be funded via grant from the State of Oklahoma Bluepeak commits to build the designated municipalities without further commitment from the State
EVIDENCE
None
POPULATION DESCRIPTION
Combining ARPA funds with our private funds, we anticipate we will be able to provide another 250k residents in Oklahoma with Fiber Internet, on top of the 400k residents we will are currently building.
PERFORMANCE MEASURING
Bluepeak currently tracks project completion on a monthly basis internally in the 15 markets we are currently overbuilding in Oklahoma.
ONGOING INVESTMENT AMOUNT
$
ONGOING INVESTMENT DESCRIPTION
None
ONGOING INVESTMENT REQUIRED
One-time project will not need continued funding
PROGRAM CATEGORY
Investments in Water, Sewer, and Broadband
PROGRAM SUBCATEGORY
Broadband: ?Last Mile? projects
FEDERAL GRANT AMOUNT
$
FEDERAL GRANT DESCRIPTION
None
HQ COUNTY
Statewide
ENTITY TYPE
Other business enterprise (>$5M revenue, annually)
Data source: Oklahoma Office of Management and Enterprise Services / More information ยป