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Exhibit 4 Published on NTlA (htlp:l/www.nlia.doc .gov) ---------------._---------- Research Study Shows NTIA Broadband Grants Provided Billions in Economic Benefits Topics: • Broadband Technology Opportunities Program (1) • Grants (2) • Broadband (3) • Grants [4) FOR IMMEDIATE RELEASE: January 14, 2015 News Media Contact: Juliana Gruenwald, (202) 482-2145, jgruenwald@nUa.doc.gov [5] WASHINGTON -The U.S. Commerce Department's National Telecommunications and Information Administration (NTIA) released a new Independent rese'arch s tudy (6] today showing that its broadband granls program resulted in billions of dollars in economic benefits to the communities served, including increased economic output and higher levels of employment. The four-year study, prepared by the research firm ASR Analytics, examined the social and economic impacts of the $4 billion in Recovery Act grants awarded by NTIA to expand broadbilnd access and adoption across the country through the Broadband Technology Opportullilies Progra m I'll (STOP). In communities where grantees built new broadband infrastructure, broadband availabili ty grew by an estimilted 2 percent more than in communities not served by a broadband grantee. That growth could be expected to translate into increased economic output of as much as $21 billion annually, the report concluded. We've seen firsthand the transforming economic and societal impact that broadband has on communities ilcross the country," said Assistant Secretary of Commerce for Communications and Information and NTIA Administrator Lawrence E. Strickling. "The study released today captures only an early picture of the economic impact of our broadband grants. As more and more providers take advantage of Recovery Act-funded networks, we fully anticipate that the impact will be even greater." NTIA is at the forefront of federal efforts to ensure that all Americans share in the promise and potential of the digital economy. NTIA today also unveiled its Broadband USA [8) Initiative aimed at finding new ways to assist communities seeking to build their broadband capacity to advance economic development. NTIA contracted with ASR Analytics to provide an indenenclep l assessme nl [91 of the social and economic impacts of BTOP. ASR Analytics' final report summarizes and synthesizes the findings of 42 separate case study reports, two interim reports, and a short-term economic impacts report. In conducting its review, ASR conducted 42 site visits with 27 different STOP grantees between July 2011 and November 2013.