Current Communications, which hopes to build out broadband-over-power lines, has received $130 million in new funding from investors including General Electric Co., Internet service provider
EarthLink, Texas utility TXU Corp. and Sensus Metering Systems Ltd. The Germantown, Md,-based Current Communications is rolling out a network that provides broadband access through electric lines.
Last July, Current Communications said it received a $100 million investment from search company Google, publisher Hearst Corp. and financial institution Goldman, Sachs & Co.