Broadband Breakfast Live Online Wednesday, April 14, 2021 – Financing Broadband Infrastructure
Guests include Jeff Johnston of CoBank, Tim Herwig of the Office of the Comptroller of the Currency, Lauren Mathena of Mid-Atlantic Broadband and Christopher Mitchell or the Institute for Local Self Reliance. Moderated by Drew Clark of Broadband Breakfast.
See “Partnerships And Trust Go Long Way To Securing Financing For Broadband Projects, Panelists Say,” Broadband Breakfast, April 16, 2021
Our Broadband Breakfast Live Online events take place every Wednesday at 12 Noon ET. You can watch the April 14, 2021, event on this page. You can also PARTICIPATE in the current Broadband Breakfast Live Online event. REGISTER HERE.
Wednesday, April 14, 2021, 12 Noon ET — “Less Than a Billion: Financing Broadband Infrastructure”
- Congress has appropriated $3.2 billion for the Emergency Broadband Benefit and $7.2 billion for the Emergency Connectivity Fund, and more is being discussed. But internet projects still face financial constraints and regulatory hurdles in navigating the maze to obtain broadband infrastructure financing. This panel will consider funding and cost issues from the perspective of a broadband builder. How can broadband entities most effectively deploy private and public financing to meet increasing high-speed connectivity needs?
Panelists:
- Jeff Johnston, Lead Communications Economist at CoBank
- Tim Herwig, District Community Affairs Officer at the Office of the Comptroller of the Currency (OCC)
- Christopher Mitchell, Director of the Institute for Local Self Reliance’s Community Broadband Network Initiative
- Lauren Mathena, Director of Economic Development and Community Engagement at Mid-Atlantic Broadband (MBC)
- Drew Clark (moderator), Editor and Publisher, Broadband Breakfast
Jeff Johnston is a lead communications economist in CoBank’s Knowledge Exchange research division, where he focuses on the communications industry. His work revolves around identifying emerging technologies, business models, risks and opportunities within the industry, and providing strategic analyses to both internal and external stakeholders. Prior to joining CoBank in 2018, Mr. Johnston was an equity analyst covering the tech, media and telecom sectors. Jeff has also held various senior management positions in the telecommunications industry. He earned his Bachelor of Science degree from York University and he is also CFA charterholder.
Timothy Herwig is a District Community Affairs Officer with the Office of the Comptroller of the Currency (OCC). He is officed in Chicago. Among other responsibilities, Herwig advocates for community reinvestment by providing technical assistance to banks interested in financing rural broadband infrastructure and rural ISPs looking for private sources of debt or equity financing. The OCC is an independent bureau of the U.S. Department of the Treasury. The OCC charters, regulates, and supervises all national banks, federal savings associations, and federal branches and agencies of foreign banks.
Christopher Mitchell currently serves as the director of the Institute for Local Self Reliance’s Community Broadband Network Initiative. His work focuses on helping communities ensure that the telecommunications networks upon which they depend are accountable to the community. He was honored as one of the 2012 Top 25 in Public Sector Technology by Government Technology, which honors the top “Doers, Drivers, and Dreamers” in the nation each year.
Lauren Mathena is the Director of Economic Development and Community Engagement at Mid-Atlantic Broadband (MBC). In her role, Mathena serves as a regional ecosystem builder and represents MBC to a variety of local and state partners, including Southern Virginia’s economic developers who rely on MBC’s network for business attraction, retention and expansion. She is currently leading program development for the SOVA Innovation Hub, a 501(c)3 non-profit created in early 2020 with investments by MBC and Microsoft TechSpark.
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