RiverStreet Networks Loses Virginia Contracts After Numerous Delays
Virginia has stripped the company from multiple state-subsidized broadband projects after years of missed deadlines and funding shortfalls.
RiverStreet Networks has been removed from multiple broadband deployment projects by the Virginia Broadband Office after years of delays, leaving the state scrambling to find a replacement suitor for projects intended to bring affordable Internet access to more than 30,000 rural customers across The Old Dominion state.
The company was stripped of its state contracts after it repeatedly failed to meet deadlines and struggled to find additional funding needed to complete promised state deployments. Most of the state contracts heavily subsidized RiverStreet via the American Rescue Plan Act (ARPA).
