The Hudson Clock Tower is the most recognizable landmark in the City of Hudson. The 44-foot tall Romanesque-style brick structure was gifted to the city over a hundred years ago by James Ellsworth, a millionaire who considered it a symbol that the time had come to modernize the city’s infrastructure having “watched the town he had grown up in, fall into disrepair.”
Now, this city in northeast Ohio, 15 miles north of Akron, is reviving the public-minded spirit of Ellsworth as it looks to modernize its telecommunications infrastructure through a public-private partnership that would expand the city-owned municipal fiber network, which now only serves part of the city, to reach all 22,000 residents who call Hudson home.
In mid-October the city issued a Request for Proposals in which “all models of network ownership will be considered (that) may either incorporate the (existing city-owned) Velocity Broadband network within the proposed network or may focus on the development of a network completely independent from Velocity Broadband.”
Proposals from prospective Internet service providers are due by Dec. 2.
Velocity Broadband and Then Some
Velocity Broadband was created in 2015 to primarily serve the city’s businesses. In the years since, the city-owned and operated network began offering residential service to a limited number of homes located along the network’s existing fiber path.
Today, Velocity Broadband enjoys a 50 percent take-rate as it serves over 450 business and residential subscribers. The network generates nearly $1 million in revenue each year that covers all operating expenses and debt service, leaving the city with an annual net profit of $150,000.
But, as noted in the RFP:
Read moreAlthough the city already owns and operates its own fiber service in the form of Velocity Broadband, there is still a significant need within the community for access to fiber within residential areas. Currently, over 72%, or 5...