Open Range Approved for $267 Million RUS Broadband Loan

Open Range Communications, a Denver, Co. based wireless provider, has been approved for a $267 million RUS broadband loan. Open Range intends to use the proceeds to deploy broadband service to 518 rural communities in 17 states. The project is intended to cover more than 6 million people and serve more than 447,000 households within five years. Open Range intends to use WiMAX technology for the deployments.

Read local reaction to Open Range’s plans.