In the Monadnock Region of New Hampshire, at least six towns have voted to issue bonds to construct fiber networks in partnership with regional incumbent telephone company Consolidated Communications. Chesterfield approved the measure in April 2019 and recently executed a public-private partnership contract with Consolidated.
Chesterfield was the first municipality in New Hampshire to take advantage of Senate Bill 170, signed into law in 2018, which allows municipal governments to bond in order to build broadband infrastructure in places not served by commercial broadband providers. Over the last year, the towns of Dublin, Harrisville, Rindge, Walpole, and Westmoreland have also voted to bond are also in the process of bonding, or have already bonded (Rindge), and are finalizing public-private partnership contracts with Consolidated to develop Fiber-to-the-Home networks. The towns plan to issue bonds in July and should have finalized contracts by that point.
New Hampshire’s rural areas have struggled to connect rural residents to adequate broadband, and these towns are undertaking these partnerships to improve currently insufficient connectivity. Part of the challenge has been the rotating series of incumbent telephone companies, from Verizon to FairPoint and now Consolidated. Large publicly-traded telephone firms have difficulty justifying investments in rural areas when the same amount of capital could offer a much greater return in higher-density cities. But Consolidated is developing a new model with these towns that may work to everyone’s benefit.
Chesterfield has already executed their contract with Consolidated. The forthcoming contracts between Consolidated and Dublin, Harrisville, Rindge, Walpole, and Westmoreland will very likely be reflective of Chesterfield’s contract with one important difference, shared Tim Wessels, a Rindge Teltech Committee Member. The Chesterfield contract with Consolidated calls for the town to transfer the town-funded network to Consolidated when the 20-year bond is retired. But according to Wessels, Consolidated does not want to own the town-funded last-mile networks in Dublin, Harrisville, Rindge, Walpole, and Westmoreland, and this... Read more