Nuvera to receive $3.4M annual CBOL funding for fiber expansion

Nuvera Communications, Inc.

Annualized CBOL funding of $3.4M based on tariff filing and expected line counts.
First payment received in December 2023; monthly subsidy subject to annual USAC review.
Gig Cities fiber project investing over $200M across Southern Minnesota since 2021.
Funding will support continued fiber construction to residential and business customers.

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