InvestorsHub Logo
Followers 28
Posts 4542
Boards Moderated 0
Alias Born 12/10/2006

Re: Trader7k post# 494

Monday, 07/29/2013 11:26:24 AM

Monday, July 29, 2013 11:26:24 AM

Post# of 4161
Today's news, FWIW, as this is just an application:

Sanwire Corporation Applies For $870,000 Broadband Deployment Project Grant in Gravois, Missouri

2013-07-29 09:00 ET - News Release



Tulsa, OK, July 29, 2013 (GLOBE NEWSWIRE) -- Sanwire Corporation ("Sanwire" or the "Company") (OTCQB: SNWR), a global provider of wireless communications services and data solutions, is pleased to announce its wholly owned subsidiary, Aero Networks ("Aero"), has applied for a $870,000 broadband Community Connect grant with the United States Department of Agriculture, Rural Utilities Services (USDA-RUS) for Gravois, Missouri.

Aero's newly registered office in Missouri will be responsible for the design, build, equipment procurement, and operation of the new network. The contract is subject to USDA-RUS normal approval process which may amend the scope of the project prior to award. Aero expects to get USDA-RUS final grant approval in 4Q 2013, with installation and deployment to commence in 1Q 2014. The project will be structured as a public-private partnership with the goal of building sustainable broadband services.

The project will initially encompass advanced telecommunications and broadband services for the Lake Ozark Gravois Mills area and nearby communities in Morgan County, Missouri. The Gravois proposed service area includes un-served areas of Gravois and Laurie along Lake of the Ozarks in Morgan County. The proposed service area covers eight square miles, contains 266 households, 967 housing units and 170 businesses based on the FCC National Broadband Map and RUS Mapping Tool. Overall, Missouri currently ranks 37th among the 50 states in terms of broadband accessibility. The Missouri Broadband map shows that the Gravois proposed service area is one of most un-served areas in Missouri.
...

g.p.