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Quarterly Performance Report of the Virginia Telecommunication Initiative, Q4 FY2025 (July 2025)

Summary

Quarterly Performance Report of the Virginia Telecommunication Initiative, Q4 FY2025, submitted by the Department of Housing and Community Development in July 2025. The report states that the Virginia Telecommunication Initiative (VATI) provides grants to localities partnered with internet service providers to finance the deployment of high-speed broadband to locations (called a “passing”) determined to be “unserved.” It states that a passing is unserved if it lacks access to internet speeds of 100 Megabits per second (Mbps) download and 20 Megabits (Mbps) upload. It also states that the report was prepared by the Office of Broadband and tracks the technical performance of the VATI provider partners.

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Cite this document

“Quarterly Performance Report of the Virginia Telecommunication Initiative, Q4 FY2025 (July 2025).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2026-rd157-2a911de091/, SHA-256 10c9d02288671b72e3e33ce2e9c3301b96e83e676b9a7060e35d85b9d91b79d2.

Full text

Quarterly Performance Report of the
Virginia Telecommunication Initiative

Q4 FY2025 Report




Submitted by:
The Department of Housing and Community Development
July 2025
                                                  Executive Summary

        Virginia funds broadband deployment within the Commonwealth through several programs. The
    largest and main program is the Virginia Telecommunication Initiative (VATI).

           VATI provides grants to localities partnered with internet service providers to finance the
    deployment of high-speed broadband to locations (called a “passing”) within the Commonwealth
    that are determined to be “unserved.” Passings are places where the internet can be accessed – thus
    it could be a business, community anchor, a home, or an apartment complex. A passing is
    unserved1 if it lacks access to internet speeds of 100 Megabits per second (Mbps) download and
    20 Megabits (Mbps) upload (“100/20”).

           This quarterly report is required by statute and has been prepared by the Office of Broadband
    located within the Virginia Department of Housing and Community Development (DHCD). This
    report tracks the technical performance of the VATI provider partners in their work to deploy
    broadband. This report adheres to the factors that the General Assembly directed to be tracked and
    presents them in the manner directed by the General Assembly.

            Below are the key takeaways from the report:

              ● Total passings: VATI FY22, FY23, and FY24 projects will provide access to
                broadband infrastructure to 319,553 passings across Virginia.
              ● Leveraged local and private funding: In addition to $813 million in state and federal
                funding awarded, FY22, FY23, and FY24 projects leverage a total of $1.189 billion in
                private and local match funding. To-date, $372.9 million of these awarded funds and
                $574.8 million of these matching funds have been expended.
              ● Locations Built-To: To date, projects have provided broadband access to 138,512
                locations.
              ● Maximum Speeds Available: Over 93.4% of projects funded in FY22, FY23, and FY24
                offer functionally gigabit (1,000 Mbps) download speeds, and over 73.7% offer
                functionally gigabit upload speeds.

           In conclusion, 25 out of the 56 open projects funded from the American Rescue Plan Act of
    2021 (ARPA) and General Funds from FY22, FY23, and FY24 are scheduled to be completed on
    time as of this report’s submission. DHCD identifies 31 projects are at risk for incompletion or
    underperformance. Justification for these delays include the make-ready effort, which includes
    preparing existing electric poles for aerial broadband network construction, as well as supply chain
    and labor markets, streamlining utility locate efforts, railroad crossings, the permitting process to
    lay fiber in state-owned rights of way along roads, and permitting to cross federally owned lands.
    Looking forward, DHCD will continue its ongoing work to monitor these projects, assisting where
    appropriate in mitigating these broadband deployment challenges.




1
 In the FY22 VATI process, the definition of unserved was set at 25/3. This definition of unserved has been upgraded to those
passings lacking access to broadband at speeds of 100/20 for the FY23 VATI process
                                        Formal Report

        Pursuant to Chapter 1 of the Virginia Acts of Assembly of Special Session II of 2021
and continued forward in the 2024 Special Session 1 under Chapter 2 of the Virginia Acts of
Assembly, enclosed is the Quarterly Performance Report of the Virginia Telecommunication
Initiative (VATI).

      Item 103 L.6. of the 2024 Acts of Assembly Special Session I requires that DHCD deliver
a quarterly performance report on funds awarded through the 2021 Acts of Assembly Special
Session I (also known as the budget bill) of allocated ARPA funds, as well as state general funds
awarded through the Virginia Telecommunication Initiative since the aforementioned FY2022
budget cycle.
       Administered by the Virginia Department of Housing and Community Development
(DHCD), VATI enhances the sustainability and growth of communities throughout the
Commonwealth by preparing those communities to build, utilize, and capitalize on broadband
infrastructure. The primary objective of VATI is to provide financial assistance to supplement
construction costs by private sector broadband service providers to extend service to areas that
presently are unserved by any broadband provider. This program requires a public-private
partnership.

      The directive to form this quarterly performance report establishes that:
             To the extent possible, the quarterly performance report shall contain
             information by grant recipient and year on the following metrics: (1) Number of
             passings; (2) Grant dollars expended by fund source (State and Local Recovery
             Fund, Capital Project Fund, general fund state grants and match); (3) Contract
             performance period, and on-time progress towards project delivery; (4)
             Maximum advertised project speeds available; and, (5) Achievement of key
             project milestones. The quarterly report shall be due within 30 days of the close
             of the quarter. The quarterly performance report shall include an evaluation of
             any projects under risk of incompletion or underperformance. The department in
             providing such risk assessment shall include a reason for the project's delay.
       In accordance with this structure, DHCD has included information in this report of the
projects that were awarded funds since December 2021, and includes the projects announced
in the FY2022, FY2023, and FY2024 cycles, including those projects funded under the
Coronavirus State and Local Fiscal Recovery Fund and Coronavirus Capital Projects Funds
allocations under the American Rescue Plan Act of 2021. Project information displayed in this
report reflects monthly report data from June 2025, which reflects project data as of the end of
May 2025.
       Out of the 56 open projects funded in FY22, FY23, and FY24, 29 have requested and
received timeline extensions, and, per DHCD’s analysis, 23 are considered to be at low risk
and 8 are considered to be at high risk. DHCD has established risk definitions specific to
funding year. A summary of these definitions provided in the table below. The definition of
risk category
varies for the FY2022 funding year, as this funding year contained American Rescue Plan Act
funding, which has a statutory expenditure deadline of December 31, 2026.


 Year              Risk Level        Risk Level Definition
                                         •   The grantee has not requested a timeline extension beyond
 FY22              No Risk                   the originally approved contract end date; and,
                                         •   Based on the sole determination of the Office of Broadband,
                                             the grantee is not significantly behind the current approved
                                             milestone timeline; and,
                                         •   The timeline for that project does not have an end date in
                                             2026.
                                         •   The grantee has requested a timeline extension beyond the
 FY22              Low Risk                  originally approved contract end date; or,
                                         •   Based on the sole determination of the Office of Broadband,
                                             the grantee is significantly behind the current approved
                                             milestone timeline and has not yet requested a timeline
                                             extension from the original completion date.
                                         •   The grantee’s contractual end date is in 2026, regardless of
 FY22              High Risk                 if that end date reflects the original contractually established
                                             end date or is a result of an extension.

 FY23, FY24        No Risk               •   The grantee has not requested a timeline extension beyond
                                             the originally approved contract end date; and,
                                         •   Based on the sole determination of the Office of Broadband,
                                             the grantee is not significantly behind the current approved
                                             milestone timeline.

 FY23, FY24        Low Risk              •   The grantee has requested a timeline extension beyond the
                                             originally approved contract end date; or,
                                         •   Based on the sole determination of the Office of Broadband,
                                             the grantee is significantly behind the current approved
                                             milestone timeline and has not yet requested a timeline
                                             extension from the original completion date.

 FY23, FY24        High Risk             •   The grantee has requested more than one timeline
                                             extension beyond the originally approved contract end
                                             date.

        DHCD staff continue to closely monitor the continued impact of challenges surrounding
make-ready, which includes preparing existing electric poles for aerial broadband network
construction. DHCD has recently funded the first projects under the Virginia Make Ready
Initiative, which is designed to mitigate the impacts of elevated make-ready costs. DHCD is
closely monitoring the impact of this program on accelerating delivery of affected VATI
projects.
      Other deployment challenges which are being monitored by DHCD include supply
chain and labor markets, streamlining utility locate efforts, railroad crossings, the permitting
process to lay fiber in state-owned rights of way along roads, and permitting to cross federally
owned lands. DHCD and its local government and internet service provider partners are
continuing to develop innovative solutions to meet these challenges and deliver high-speed
broadband access as quickly as possible for residents in these project areas.
     The project summaries included in this report are updated quarterly on the VATI Project
Dashboard, accessible through dhcd.virginia.gov/vati.
                                                          Q4 FY2025 Quarterly Performance Report for the Virginia Telecommunication Initiative - FY2022 Projects
                                                                                                                         Award Funding
                                                                                                                         Source - (GF,
                                                 Percent                                                                 General Fund
                                       Total     Complete                                                                )(SLFRF,                           Percent                                 Percent
                                                                                                                                                                                                              Maximum
                                       Passings Passings                                                                 Coronavirus State                  Expended,                               Expended, Advertised
                              Passings Provided Provided                                        Reason                   and Local Fiscal                   Out of                                  Out of
                                                                                                                         Recovery Fund                                                                        Project Speeds
             Internet Service in       Broadband Broadband                                      for a                                                       Total                                   Total     Available
                                                                                                                         )(CPF, Coronavirus
             Provider         Project Access to Access to Agreement Agreement End               Project’s                Capital Projects   Awarded Funding Awarded Total Match     Match Funding   Match     (Download/
Grantee      Partner          Area     Date      Date      Start Date Date        Risk          Delay       Award Amount Fund)              Expended        Funding   Funding       Expended        Funding   Upload Mbps)

Bedford      ZiTEL           5644     5593    99.00%    06/15/2022 7/1/2025         Low Risk    MR       $11,480,664.98 GF & SLFRF       $10,855,750.74   94.56%   $14,518,564.42   $13,104,026.36 90.26%      1000/1000
                                                                                                MR, UL,
                                                                                                RR, ROW,
Bedford      Shentel         3204     2475    77.00%    09/09/2022 9/21/2025        Low Risk    FED      $6,191,796.33 GF & SLFRF        $3,626,351.84    58.57%   $13,911,783.67   $7,937,368.58   57.06%     1000/1000
Botetourt    Lumos Networks 1901      1870    98.00%    11/01/2022 6/30/2025        Low Risk    MR          $3,084,796.00 CPF            $1,285,150.16    42%      $4,824,937.00    $3,648,742.24   75.62%     1000/1000
Campbell     Shentel         3509     2746    78.00%    09/21/2022 9/21/2025        Low Risk    MR, UL $6,443,000.00 GF & SLFRF          $2,487,275.31    38.6%    $12,978,455.00   $5,011,093.61   38.61%     1000/1000
Central                                                                                         MR,
Shenandoah                                                                                      ROW,
PDC          MGW/ Rob Huff 2470       1114    45.00%    6/1/2022    12/1/2025       Low Risk    FED, OTH $7,876,800.00 SLFRF             $4,035,847.93    51%      $3,118,706.00    $1,746,008.07   55.99%     1000/50
                                                                                                OTH: Ice
Commonwealt                                                                                     storm,
h RC        Kinex           11397     7359    65.00%    06/14/2022 6/14/2026        High Risk   SCL      $15,000,000.00 GF               $11,373,545.98   76%      $13,426,482      $10,327,984.80 76.92%      200/10
Cumberland
Plateau PDC Point Broadband 5659      5113    90.00%    09/06/2022 9/6/2025         Low Risk    MR          $23,478,429.00 CPF           $14,135,023.55   60%      $6,459,000.00    $3,888,595.87   60.2%      1000/500

Eastern Shore
of Virginia
Broadband
Authority     ESVBA           11091   9381    85.00%    6/1/2022    11/30/2024      Low Risk    OTH         $12,310,777.25 SLFRF         $8,236,666.46    67%      $3,314,865.50    $1,710,030.43   51.57%     1000/1000
Franklin
County
Shentel                                                                                         MR, UL,
Project       Shentel         3508    1970    56.00%    10/17/2025 10/17/2025       Low Risk    RR          $11,832,456.00 GF & SLFRF    $4,448,444.13    37.6%    $18,646,520.00   $13,985,190.37 75%         1000/1000
Hampton       Charter
Roads PDC     Communications 12223    2336    19.00%    07/08/2022 6/30/2026        High Risk   None        $21,120,053.50 SLFRF         $8,862,135.08    42%      $13,839,523.00   $6,448,892.42   46.7%      1000/500
              All Points
Hanover       Broadband       6198    1363    22.00%    8/1/2022    12/31/2025      Low Risk    MR          $13,970,000.00 SLFRF         $3,631,562.45    26.00%   $41,469,332.00   $6,362,226.54   15.34%     1000/1000
              All Points
King William Broadband        2236    2236    100.00%   8/3/2022    3/31/2025       Low Risk    MR          $5,400,000.00 SLFRF          $4,859,999.93    42%      $12,330,632.00   $14,828,144.58 120%        1000/1000
              Scott County
LENOWISCO Telephone
PDC           Cooperative     10982   5856    53.00%    06/13/2022 12/13/2025       Low Risk    MR, RR      $22,190,500.00 SLFRF & CPF   $12,548,349.90   56.55%   $6,354,500.00    $3,961,620.55   62.34%     1000/1000
Loudoun       All Points
County        Broadband       8629    1       0.00%     7/1/2022    10/31/2025      Low Risk    MR          $17,524,000.00 SLFRF         $4,003,000.96    22.84%   $42,376,126.00   $5,448,166.80   12.86%     1000/1000
Middlesex     All Points
County        Broadband       970     802     83.00%    7/22/2022   7/31/2025       Low Risk    MR          $2,050,000.00 SLFRF          $1,845,000       90%      $8,453,887.00    $10,184,558.02 120%        1000/1000
Mount Rogers
PDC           Point Broadband 27450   26390   96.00%    06/01/2022 5/31/2025        Low Risk    MR          $66,203,228.00 CPF           $53,562,446.46   81%      $33,162,600.00   $29,870,642.96 90.07%      1000/500
New River
Valley
Regional
Commission Gigabeam           12094     710         6.00%      03/13/2023 3/13/2026          High Risk   RR       $39,233,355.00 CPF              $13,262,497.22    34%         $38,247,340.00    $13,336,035.05 34.87%         1000/1000
New River
Valley
Regional      All Points
Commission Broadband          7872      0           0.00%      12/06/2022 12/31/2025         Low Risk    MR       $29,122,000.00 CPF              $5,913,400.39     20.31%      $26,103,057.19    $4,594,339.19     17.6%       1000/1000
Northern Neck All Points
PDC           Broadband       3411      3411        100.00%    9/22/2022     3/31/2025       Low Risk    MR       $3,190,500.00 SLFRF             $2,874,450        90%         $20,477,692.00    $20,477,677.64 99.99%         1000/1000
Northern
Shenandoah
Valley
Regional      All Points
Commission Broadband          32238     1           0.00%      7/22/2022     6/30/2026       High Risk   MR       $96,873,500.00 SLFRF            $23,879,664.28    25%         $206,243,317.00   $95,212,655.74    46.17%      1000/1000
Roanoke       B2X             520       180         35.00%     09/22/2022    10/25/2025      Low Risk    SCL, OTH $170,609.00    GF               $35,295.43        20.69%      $177,572.00       $40,817.85        22.99%      25/4
Roanoke       Cox             396       249         63.00%     9/1/2022      10/15/2025      Low Risk    FED      $1,535,264.00 SLFRF             $0.00             0.00%       $1,597,927.00     $0.00             0.00%       940/35
Roanoke       Shentel         213       0           0.00%      10/03/2022    5/31/2025       Low Risk    MR, RR $490,000.00      SLFRF            $141,360          28.85%      $510,000.00       $215,049.73       42.17%      1000/1000
Shenandoah
County Public
Schools       Shentel         4139      3240        78.00%     8/1/2022      8/1/2025        Low Risk    MR, UL $12,176,662.00 SLFRF              $7,674,299.54     63%         $20,733,235.00    $13,067,050.58 63.02%         1000/1000
                                                                                                         OTH:
                                                                                                         Middle
                                                                                                         Mile
              EMPOWER                                                                                    Construct
Southside PDC Broadband     14634       11961       81.73%     07/22/2022 6/22/2026          High Risk   ion       $69,431,635.00 SLFRF           $44,660,488.15    64%         $84,677,555.00    $54,312,663.06 64.14%         1000/1000
Sussex        RuralBand     2267        1320        58.00%     06/13/2022 12/13/2025         Low Risk    None      $4,896,892.00 SLFRF            $4,097,081.35     84%         $1,678,571.00     $1,404,572.14 83.68%          1000/1000
Thomas        Firefly
Jefferson PDC Broadband     36225       21559       60.00%     08/15/2022 8/15/2025          None        None     $79,027,930.00 SLFRF            $55,228,209.70    70%         $208,969,670.00 $145,746,278.52 69.75%          1000/1000
West
Piedmont PDC
- Dinwiddie   RuralBand     417         108         26.00%     07/03/2022 12/31/2026         High Risk   None     $638,718.00      SLFRF          $126,029.37       19.73%      $50,570.00        $9,884.66         19.55%      1000/1000
West
Piedmont PDC RiverStreet
- Dinwiddie   Networks      5009        0           0.00%      06/20/2022 6/30/2026          High Risk   None     $6,893,337.00 SLFRF             $562,354.56       8%          $18,974,275.00    $1,376,023.04     7.25%       1000/1000
West
Piedmont PDC RiverStreet
(East)        Networks      24641       7795        32.00%     08/03/2022 8/3/2025           None        None     $87,003,888.00 SLFRF            $31,656,219.19    36%         $65,421,341.00    $30,300,155.02 46.32%         1000/1000
West
Piedmont PDC RiverStreet                                                                                 FED, MR,
(West)        Networks      10056       21          0.00%      09/30/2022 2/24/2026          High Risk   RR       $33,571,073.00 CPF              $1,616,702.12     5%          $59,425,085.00    $3,054,768.78     5.00%       1000/1000
West          Charter
Piedmont PDC Communications 690         676         98.00%    08/01/2022 8/1/2025           None        FED        $1,557,385.00 CPF                $217,971.68      14%         $1,450,145.00      $141,702.52      9.77%       1000/500
                                                                 *Data as of June 2025 Monthly Project Reports, which reflect project statistics through the end of May.
  Abbreviations for Reasons for Project’s Delay: MR – Make Ready, SCL – Supply Chain and Labor, UL – Utility Locates, RR – Railroad, ROW – Right of Way Permitting along State Roads, FED – Federal Land Permitting Challenges, OTH – Other
                                                                                                                 (Described)
                                                               Q4 FY2025 Quarterly Performance Report for the Virginia Telecommunication Initiative – FY2023 Projects

                                                                                                                           Award Funding
                                                                                                                           Source - (GF,
                                           Percent                                                                         General Fund
                                 Total     Complete                                                                        )(SLFRF,                         Percent                                            Percent
                                                                                                                                                                                                                         Maximum
                                 Passings Passings                                                                         Coronavirus State                Expended,                                          Expended, Advertised
            Internet    Passings Provided Provided                                             Reason                      and Local Fiscal                 Out of                                             Out of
                                                                                                                           Recovery Fund                                                                                 Project Speeds
            Service     in       Broadband Broadban                                            for a                       )(CPF, Coronavirus
                                                                                                                                              Awarded       Total                                              Total     Available
            Provider    Project Access to d Access Agreement Agreement                         Project’s                   Capital Projects   Funding       Awarded Total Match            Match Funding       Match     (Download/
Grantee     Partner     Area     Date      to Date Start Date End Date Risk                    Delay     Award Amount      Fund)              Expended      Funding Funding                Expended            Funding Upload Mbps)
Greensville
County      Verizon     1347     1336        99%        10/3/2023 4/3/2025      None           None      $2,956,774.80     GF              $2,463,207.18    83%        $4,435,162.20       $3,091,509.69       69.70%      940/880
Southside EMPOWER
PDC            Broadband 4804    1409        29%        9/26/2023 9/26/2026 None               None      $8,556,028.84     GF              $82000           1%         $21,677,288.16      $0.00               0.00%       1000/1000
West
Piedmont
PDC            RiverStreet
(Pittsylvania) Networks 2102     494         24%        10/5/2023 10/5/2026 None               None      $3,548,250.00     GF              $2,368,190.33    67%        $1,856,750          $1,252,085.28       67.43       1000/1000
West
Piedmont RiverStreet
PDC (East) Networks 3356         990         29%        11/6/2023 11/6/2026 None               None      $8,155,864.00     GF              $4,512,092       55%        $5,205,136.00       $2,748,491.08       52.80%      1000/1000

Bedford    Shentel    565        545         96%        4/1/2024    9/1/2025    None           None      $1,373,161.74     GF              $260,728.16      19%5       $3,204,044.05       $608,365.72         18.99%      1000/1000
Shenandoah
County
Public
Schools    Shentel    2440       1645        67%        9/26/2023 9/26/2025 None               None      $4,936,968.00     GF              $2,301,392.94    47%        $9,168,655.00       $4,274,015.31       46.62%      1000/1000
Caroline
County     Breezeline 3910       275         7%         10/23/2024 10/23/2026 None             MR        $6,446,000.00     GF              $1,606,282.28    25%        $15,247,000.00      $4,221,564.77       27.69%      1000/600
Caroline
County     Verizon    854        815         95%        10/23/2024 5/23/2025 None              None      $2,032,334.00     GF              $1,743,577.73    86%        $5,610,501.00       $5,345,806.41       95.28%      940/880

Chesterfield All Points
County       Broadband 494       0           0%         12/1/2023 11/30/2026 None              None      $755,523.00       GF              $0.00            0.00%      $12,494,553.00      $0.00               0.00%       1000/1000

Henrico     All Points
County      Broadband 412        0           0%         12/1/2023 11/30/2025 None              None      $501,620.00       GF              $0.00            0.00%      $6,027,280.42       $0.00               0.00%       1000/1000
Essex
                                                                                                         $8,753,009.00
County      Breezeline 3526      440         12%        09/06/2023 9/6/2026     None           MR                          GF              $1,063,548.93    12%        $19,113,941.00      $2,580,523.59       13.5%       1000/600
Floyd
County      Citizens    666      654         98%        05/30/2023 8/18/2025 Low Risk          None      $1,339,387.00     GF              $933,560.33      70%        $827,173.00         $640,604.23         77.44%      1000/500
Orange
County      FiberLync 576        467         81%       10/31/2023 6/5/2025 Low Risk           None        $2,181,000.00      GF             $2,155,031.68 99%           $8,391,058.00       $8,242,087.06       98.22%      1000/1000
                                                               *Data as of June 2025 Monthly Project Reports, which reflect project statistics through the end of May.
Abbreviations for Reasons for Project’s Delay: MR – Make Ready, SCL – Supply Chain and Labor, UL – Utility Locates, RR – Railroad, ROW – Right of Way Permitting along State Roads, FED – Federal Land Permitting Challenges, OTH – Other
                                                                                                               (Described)
                                                               Q4 FY2025 Quarterly Performance Report for the Virginia Telecommunication Initiative – FY2024 Projects

                                                                                                                                         Award
                                                                                                                                         Funding
                                                                                                                                         Source - (GF,
                                                                                                                                         General Fund
                                                                                                                                         )(SLFRF,                                                                            Maximum
                                                       Percent                                                                           Coronavirus                                                                         Advertised
                                        Total          Complete                                                                          State and
                                                                                                                                                                                                                             Project
                                        Passings       Passings                                                                          Local Fiscal               Percent                                     Percent      Speeds
               Internet                 Provided       Provided                                               Reason                     Recovery                   Expended,                                   Expended, Available
                                                                                                                                         Fund )(CPF,
               Service                  Broadband      Broadband                                              for a                                     Awarded     Out of Total                  Match         Out of Total (Download/
                                                                                                                                         Coronavirus
               Provider    Passings in Access to       Access to     Agreement     Agreement                  Project’s                  Capital        Funding     Awarded      Total Match      Funding       Match        Upload
Grantee        Partner     Project Area Date           Date          Start Date    End Date      Risk         Delay     Award Amount     Projects Fund) Expended    Funding      Funding          Expended      Funding      Mbps)
Thomas
Jefferson PDC Firefly     5,825          126           2%            11/1/2024     12/31/2026    None         None      $12,208,500.00 GF             $39,380       0.32%        $36,427,182.00 $0.00           0.00%        1000/1000
West
Piedmont      RiverStreet
PDC (West) Networks       4526           7             0%            2/28/2024     2/28/2026     None         None      $8,013,600.00    GF           $49,679.11    0.62%        $5,386,400.00    $17,149.89    0.32%        1000/1000
Southside
PDC           Empower     3,757          1460          39%           11/13/2024    6/30/2027     None         None      $3,353,579.00    GF           $32000        0.95%        $3,153,579.00    $0.00         0.00%        1000/1000
                                                                     Pending       Pending
Carroll        ZiTEL       2,446         0             0%            contract      Contract      None         None      $10,347,072.00 GF             $0.00        0.00%         $7,694,453.00    $0.00        0.00%         1000/1000
Giles County   PemTel      629           0             0%            1/21/2025     1/21/2027     None         None      $4,199,596.00 GF              $0.00        0.00%         $1,343,604.00    $0.00        0.00%         1000/1000
Franklin                                                                                                                                              $1,774,149.9                                $3,356,499.7
County         ZiTEL       2,543         0             0%            1/21/2025     1/21/2026     None         None      $4,538,288.00    GF           0            39%           $7,737,355.00    9            43.38%        1000/1000
Rockbridge
BARC           BARC        293           0             0%            11/4/2024     11/4/2026     None         None      $1,197,320.00    GF           $0.00         0.00%        $1,653,443.00    $0.00         0.00%        1000/1000
Rockbridge     Brightspeed 976           0             0%            4/10/2025     5/7/2027      None         None      $975,865.00      GF           $0.00         0.00%        $3,901,517.00    $0.00         0.00%        1000/1000
Alleghany                                                                                                                                                                                                                    1000 /
County         CBEC        370           0             0%            11/21/2024    6/13/2026     None         None      $2,332,353.00    GF           $203,323.04 9%             $1,019,580.00    $87,138.45    3.64%        1000
Orange
County         FiberLync   546           13            2%            8/8/2024      8/8/2026      None         None      $2,138,416.00    GF           $0.00         0.00%        $3,155,780.00    $0.00         0.00%        1000/1000
                                                                                                                                                                                                                             1000 /
Botetourt      Comcast     62            0             0%           12/12/2024 12/12/2026 None                 None      $395,411.00      GF           $0.00         0.00%       $232,225.00        $0.00        0.00%       1000
                                                               *Data as of June 2025 Monthly Project Reports, which reflect project statistics through the end of May.
Abbreviations for Reasons for Project’s Delay: MR – Make Ready, SCL – Supply Chain and Labor, UL – Utility Locates, RR – Railroad, ROW – Right of Way Permitting along State Roads, FED – Federal Land Permitting Challenges, OTH – Other
                                                                                                               (Described)


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