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13 Electric Cooperatives Announce Formation of New Broadband Provider

A new business established by thirteen electric cooperatives in Arkansas to provide broadband services was announced on May 26th. The companies joined to form Diamond State Networks with an initial commitment of $1.6 billion for the business. Diamond State Networks plans to provide internet broadband access to more than 1.25 million rural Arkansans through more than 50,000 miles of fiber lines.

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