![EMPOWER Seeks Lighter FCC Financing Rules as Part of RiverStreet Deal](/content/images/size/w600/2024/07/Boring-in-RiverRidge-1600x901.jpg)
EMPOWER Seeks Lighter FCC Financing Rules as Part of RiverStreet Deal
EMPOWER would be on the hook for a letter of credit equal to six years of subsidy support without a waiver.
EMPOWER would be on the hook for a letter of credit equal to six years of subsidy support without a waiver.
The companies told the FCC that the transaction will serve the public interest.
North Carolina
RiverStreet is seeking to divest 3,757 locations that were to receive about $8.1 million in annual CAF II broadband deployment support.