Centranet LLC

PROJECT PURPOSE

Most of the population of 375 of the town of Coyle does not have access to broadband. This takes a heavy social and economic toll on our residents keeping them from participating in remote work, distance learning and the digital economy. This is especially true during the time of the ongoing pandemic. Centranet in Collaboration with the town of Coyle is requesting funds from the State of Oklahoma and are committed to build FTTH to every household in the town. This is a last mile project that will provide access to up to gigabit speed broadband to 100% of the households in Coyle. We are requesting $794,241 from the state for this project and will invest $264,747 of our money to complete the project.

EVIDENCE

None

POPULATION DESCRIPTION

The median household income of Coyle is $34,412 which is significantly lower than the median income in the US. The poverty rate is over 23%. The pandemic has taken a toll on the population of Coyle who do not have access to broadband to be able to do remote work or engage in distance learning. The entire population of Coyle will benefit from this FTTH project.

PERFORMANCE MEASURING

The project performance will be measured by milestones during a 12 month time-frame. These milestones are discussed in detail in the Project Narrative Document that is attached. The project will be completed within 12 months.

ONGOING INVESTMENT AMOUNT

$

ONGOING INVESTMENT DESCRIPTION

None

ONGOING INVESTMENT REQUIRED

Able to continue operation without additional funding from the State of Oklahoma