RiverStreet Defaults on Six RDOF Census Block Groups

WASHINGTON, Sep. 23, 2024 - RiverStreet Communications has notified federal regulators of its intent to default on six Rural Development Opportunity Fund Census Block Groups. 

The company notified the Federal Communications Commission’s Wireline Competition Bureau on Friday that it would surrender several CBGs assigned to it in the RDOF auction. Despite this surrender, the company asserted that they did not intend to relinquish any other CGBs that they were assigned.

RiverStreet is a North Carolina corporation based in Wilkesboro that serves broadband connections to roughly 30,000 customers in rural Virginia and North Carolina.