TDS Opens Bid Process for Broadband Stimulus Project in New Castle, Va.

Source: TDS Press Release

TDS Telecommunications Corp.,  a wholly owned subsidiary of Telephone and Data Systems, Inc. (NYSE:TDS), hosted the pre-bid meeting to outline the project which will expand the company’s broadband network in New Castle, Virginia. Contractors from five telecom construction companies received details earlier today to bid on the broadband Internet expansion project.  Bids are due to TDS by April 26, 2012.

Once complete, nearly 300 customers in TDS’ New Castle Telephone Company in Virginia will have access to a high-speed Internet connection. The areas impacted are around Paint Bank and Abbott. The project is one of 44 TDS has received funding for from the American Reinvestment and Recovery Act via the United States Department of Agriculture’s (USDA) Rural Utilities Service (RUS).