A plan by Big River Telephone Co. to provide wireless broadband internet access to Southeast Missouri will receive $24.3 million in federal stimulus funds.
Gov. Jay Nixon will join management at Big River Telephone Co. in Cape Girardeau at 2:15 p.m. Thursday at the company's office on Minnesota Street to discuss the project that will serve Washington, St. Francois, Ste. Genevieve, Madison, Perry, Bollinger and Cape Girardeau counties.
"This is about investing to create opportunities and revenue so we can grow, as opposed to cutting jobs," Kevin Cantwell, Big River president.
About 75 new jobs will be added at Big River, which is also putting $4.3 million of its own resources toward the broadband project, he said.
He estimates project would create 1,300 jobs, most of which would be related to construction. Others as a result of more businesses having high-speed Internet access, according to the company's grant application.
Look for more online soon at http://www.semissourian.com/business and in Thursday's Southeast Missourian.
Also, click here to read previous stories about the project: http://www.semissourian.com/story/164526...