ORGANIZATION
AMOUNT REQUESTED
$1,382,317
STATUS
None
OKLAHOMANS PROJECTED TO BENEFIT
0-25,000
ESTIMATED PROJECT DURATION
12-18 months
IMPACTED COUNTIES
Wagoner
PROJECT PURPOSE
Lake Region Technology & Communications (LRTC) would like to build its fiber to the home (FTTH) in the city of Okay, Ok. We currently offer internet, home phone, and television service to the town's borders on our electric distribution lines. We provide a complete fiber network with matched-up and download speeds from 100 to 1000 Mbps. One hundred forty-four homes would benefit from our service to improve learning online, working from home, remote health care, and promoting a higher quality of life.
EVIDENCE
None
POPULATION DESCRIPTION
Okay is a small rural community in Northeast Oklahoma with a population of 521. The poverty level is 22.6%. Okay has a diverse ethnic group of White, Native American, Hispanic, and African American residents. There are 301 homes, 11 businesses, and one consolidated school. The economy of Okay employs 212 people.
PERFORMANCE MEASURING
We have already approached the city council, many of them were familiar with our service outside city limits; they overwhelmingly approved LRTC's FTTH to Okay. We will send postcards, use signage and even knock on doors to encourage sign-ups. Once construction begins, take rates will soar. That has been LRTC's experience in the past.
ONGOING INVESTMENT AMOUNT
$
ONGOING INVESTMENT DESCRIPTION
None
ONGOING INVESTMENT REQUIRED
Able to continue operation without additional funding from the State of Oklahoma
PROGRAM CATEGORY
Investments in Water, Sewer, and Broadband
PROGRAM SUBCATEGORY
Broadband: ?Last Mile? projects
FEDERAL GRANT AMOUNT
$
FEDERAL GRANT DESCRIPTION
LRTC has received CAFII funding and has been approved for RDOF funding
HQ COUNTY
Cherokee
ENTITY TYPE
Small business (<$5M revenue annually)
Data source: Oklahoma Office of Management and Enterprise Services / More information ยป