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DENVER—An entity working to expand high-speed Internet service in Colorado is seeking an outside company to operate its broadband network under a revenue-sharing partnership—and to invest $8 million.

The intergovernmental Eagle-Net Alliance won a $100.6 million federal grant in 2010 to improve broadband service for schools.

The Denver Post reports ( ) that with less than $8 million remaining from its grant, Eagle-Net has connected less than half of the 168 school districts that it aims to link to a broadband network.

The National Telecommunications and Information Administration has said Eagle-Net likely needs another year and up to $15 million in private financing to finish its work.

Eagle-Net’s grant was suspended from December to late April following questions of compliance with environmental and other issues.

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Information from: The Denver Post,

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