Deals Of The Day 07/10/12

Frontier Communications will use the $72 million it just received from the Federal Communications Commission’s Connect America Fund (CAF) to provide broadband service to an additional 93,000 households in more than half of the 27 states it serves. Notes Kathleen Quinn Abernathy, executive vice president/External Affairs, “This support will supplement the more than $1.5 billion of private investment made by Frontier over the last two years to deploy an advanced communications network to rural America”…Energy Technology Ventures – a GE-NRG Energy-ConocoPhillips venture – has invested in On-Ramp Wireless, developer of wireless networks for energy automation, as part of the company’s Series C capital raise. Financial terms of the transaction were not disclosed. San Diego-based On-Ramp will use some of the funds to further commercialize its Ultra-Link Processing (ULP) Smart Grid solution. On-Ramp was also awarded a grant by the U.S. Department of Energy to develop a wireless network to monitor underground circuits to improve grid reliability…N.C.-based Conterra Broadband Services now is using Certina Systems’ NetOmnia solution for end-to-end fault and performance management in its nationwide mobile backhaul network. The solution reportedly has allowed Conterra to increase service standards, improve customer satisfaction and enhance network reliability across its entire voice, video and data-transport network infrastructure.