Tag: "financing"

Posted November 25, 2020 by Ry Marcattilio-...

Palmdale, California is considering a proposal from SiFi Networks to become a FiberCity. The project would see $600 million from the private infrastructure builder to construct 800 miles of fiber and lease it on an open access basis, as well as provide the infrastructure necessary for smart city applications and 5g. 

Posted November 22, 2020 by Ry Marcattilio-...

ETI Software Solutions sponsored an event to help untangle the set of considerations facing communities discussing what route they want to take to improve Internet access for families and businesses in the community. 

Heather Gold (HBG Strategies) presided over the panel which included ILSR's Christopher Mitchell as well as Ben Fineman, President of the Michigan Broadband Cooperative, Steve Lang, IT Manager for the city of Wadsworth, Ohio and its CityLink Fiber, and Will Aycock, General Manager of the Greenlight Network in Wilson, North Carolina. They cover a lot of ground, from the different models worth considering, to the phases of planning, to financing, construction, and customer service.

Watch the video at ETI's YouTube channel, or below.

Posted November 19, 2020 by Ry Marcattilio-...

This afternoon we hosted a YouTube Live event to talk about a model for financing Fiber-to-the-Home (FTTH) networks with the potential to dramatically expand ultrafast Internet access at affordable rates with no large upfront costs to homeowners. Christopher was joined by Deborah Simpier, CEO of Althea Networks, to talk with NetEquity Networks Founder and CEO Isfandiyar Shaheen about how it works, and dig into practical questions about its potential to fiberize rural America. This “fiber condominium” approach pairs collectively owned network infrastructure with the equity boost that comes with bringing symmetrical gigabit access to residential housing. 

Watch the recording below, and read more about the approach.

 

Posted November 19, 2020 by Ry Marcattilio-...

TCL&P Fiber, which launched earlier this fall, has doubled its subscriber base over the last six weeks. It now has 88 active users, with 17 additional ready to go online and 64 on the waitlist. 

Posted November 12, 2020 by Ry Marcattilio-...

Join us for a special livestream next week on Thursday, November 19th, from 3-4pm (CST). We’ll be talking about a model for financing Fiber-to-the-Home (FTTH) networks with the potential to dramatically expand ultrafast Internet access at affordable rates with no large upfront costs to homeowners. This “fiber condominium” approach pairs collectively owned network infrastructure with the equity boost that comes with bringing symmetrical gigabit access to residential housing. 

In this Community Broadband Networks special livestream from ILSR, Christopher will be joined by Deborah Simpier, CEO of Althea Networks, to talk with NetEquity Networks Founder and CEO Isfandiyar Shaheen about how it works, and dig into practical questions about its potential to fiberize rural America. 

Less than a third of the nation currently enjoys fiber connectivity, with the remainder stuck with cable or DSL. At least 14 million Americans lack wireline connectivity whatsoever. 

We look forward to having you join us for the conversation, and welcome your questions during the stream!  

What: Discussing A New Financing Model for Fiber Expansion on YouTube Live

When: Thursday, November 19th, 3pm CST

Where: YouTube Live: https://www.youtube.com/watch?v=J37pWLLHEnM 

Who: Christopher Mitchell (ILSR), Deborah Simpier (Althea Networks), and Isfandiyar Shaheen (NetEquity Networks)

Don't miss interviews and other video content from ILSR; subscribe on YouTube!

 

Posted November 3, 2020 by Ry Marcattilio-...

This week Christopher brings together Doug Dawson (Owner and President, CCG Consulting), Monica Webb (Head of Marketing Development and Strategic Partnerships, Ting) and returning guest Travis Carter (CEO, US Internet). 

The group first discusses Low-Earth Orbit satellite Internet access in the context of SpaceX’s Starlink public beta launch, and what it means for connecting unserved Americans in both urban and rural areas. Then, they dig into the future of cable as a wireline broadband technology, with frank talk about its longevity in the face of fiber as the industry begins talking about the penetration of DOCSIS 3.1 and future moves to DOCSIS 4.0. Finally, Christopher, Doug, Monica, and Travis spend time tackling the question of why we don’t see more small, private Internet Service Providers (ISPs) doing fiber projects in urban areas. They debate, for instance, Right-of-Way issues and the problem of access to capital.

We’re still getting the hang of it, so feel free to email us broadband@muninetworks.org with feedback and ideas for the show. We’ll also be providing an audio-only version, so stay tuned. 

Posted October 22, 2020 by Ry Marcattilio-...

Less than seven months has passed since the city of Anacortes, Washington (pop. 17,000) connected the very first subscriber in a pilot project for its municipal network. In the interim, thousands of households have signed up, construction continues at full-steam, and local officials are looking forward to years of providing fast, affordable, reliable service to those living on Fidalgo Island.  

Five Years in the Making

We’ve been following Anacortes since 2015, when the city first began discussing the issue, watching as as local leaders and stakeholders assessed community needs, the state of broadband in the area, and options available to them, and much has changed. Read through our previous coverage if you’re interested in how things unfolded, but by the early part of 2019 the city had decided to pass on the other options and build, maintain, and operate the network themselves

Access-Anacortes, the municipal network borne out of that decision, is approaching the end of a two-year pilot project which by all metrics has been successful. In an interview, Emily Schuh (Administrative Services Director) and Jim Lemberg (Municipal Broadband Business Manager) shared what they’ve learned and how things are going. Throughout 2019 and 2020, construction has passed just over 1,000 premises and achieved a 39.6% take rate, surpassing the 35% bar they set early on, in three pilot areas which sit on the north side and down the middle of town. The city owns, maintains, and operates the network, with the library serving as the center of operations. Access-Anacortes consists almost entirely of new construction, though it does use some of the city’s internal backbone fiber — which itself is only a handful of years old — as well.

The green, yellow, and orange...

Read more
Posted October 22, 2020 by Ry Marcattilio-...

Along the banks of the Columbia River, Multnomah County (pop. 813,000), Oregon is considering a publicly owned Fiber-to-the-Home (FTTH) network after being handed a study more than a year in the making. The report estimates that a countywide network reaching every home, business, and farm in a five-city area would cost just shy of $970 million, and bring with it a wealth of savings and other benefits to the community it serves.

Origins

The study has its origins in a 2017 push initiated by an advocacy group called Municipal Broadband PDX which has sought more affordable and equitable Internet access in the region. In 2018, the County Board of Commissioners agreed that it should be explored and approved the funding of a study, with the city of Portland and Multnomah County each contributing $100,000 and the remaining towns of Fairview, Gresham, Troutdale, and Wood Village joining the effort to collectively contribute an additional $50,000 for funding. Over the next year, CTC Technology and Energy conducted a comprehensive survey, analysis, and evaluation, and the results were delivered at the end of September.

The report offers good news: the majority of residents in Multnomah County want a publicly built and operated FTTH network, and it would be economically viable to provide symmetrical gigabit service to as many of the more than 320,000 households as want it for $80/month. At a projected 36% take rate on a 4% bond over a 20-year period, the network would cost somewhere in the neighborhood of $966 million, depending on a host of local and market factors, some of which are fixed and others subject to change. It would see net positive income by the end of its fourth year of operation, and see a total of more than $54 million in positive net income by the end of its 20-year depreciation period (a standard model for fiber infrastructure, though they often last longer). These numbers change when adjusting the take rate and interest rate, but in the vast majority of scenarios, building a community owned FTTH network in Multnomah County is feasible. 

Broadband in Multnomah County

...

Read more
Posted October 20, 2020 by Ry Marcattilio-...

A little over three years ago in Episode 232 we heard from Lyndon Township, Michigan just after a ballot initiative passed to fund and build a municipal network. 43% of the community turned out for the vote, and the measure passed by a ratio of two to one. 

Today we revisit Lyndon Township Broadband, with Christopher joined by Ben Fineman, President of the Michigan Broadband Initiative, as well as Jo Anne Munce, and Gary Munce, both of whom were essential in the ballot campaign and who volunteer with the broadband initiative.

Christopher catches up with what’s been going on since, and what things look like now that the network has almost everyone hooked up. The township owns the network, with area electric cooperative Midwest Energy and Communications operating it on a day-to-day basis. The group talks about the network’s phenomenal 75% take rate, the current state of its debt, and how it just increased speeds on two of the service tiers with no additional fees. Lyndon Township serves as a great example of a community that decided to tax itself for a fiber network and are reaping the rewards. 

This show is 35 minutes long and can be played on this page or via iTunes or the tool of your choice using this feed. You can listen to the interview on this page or visit the Community Broadband Bits page.

Read the transcript for this episode.

Listen to other episodes here or view all episodes in our index.

Subscribe to the Building Local Power podcast, also from the Institute for Local Self-Reliance, on ...

Read more
Posted October 19, 2020 by Ry Marcattilio-...

More than a year and a half of planning and negotiation will culminate in fiber infrastructure laid to every household in one Tennessee county over the next few years. West Kentucky & Tennessee Telecommunications Cooperative (WK&T), using its own funds along with money from the Henry County Commission and the state of Tennessee, will extend its existing network to cover the entire county and give residents access to its broadband network and services.  

Expanding Their Commitment

The recent news serves to expand a partnership that was originally announced in the spring of 2019. At that time, WK&T (founded 1951) pledged $2 million in investment and was awarded $2 million in matching funds from the second round of the state’s Broadband Accessibility Grant Program to reach 912 unserved homes in Henry County. 

Local officials have decided to aim higher, however, with the county commission joining the effort to commit $3 million of its own funds to reach as many as 1,400 homes in what County Mayor Brent Greer explained in an interview is the first phase of a countywide build that will take shape over the next 24-26 months. The cost of the first phase will be approximately $8 million, with $3 million coming from the county commission, $3 million from WK&T, and $2 million from the state. By the time it’s through, though,  the project will total $20 million and bring WK&T infrastructure to every home, business, and farm. 

Henry County sits in the northwest part of the state and has a population of 32,000 spread across a little over 13,000 households, with the city of Paris holding about a third of the population. The county is predominantly white, with average household incomes below $41,000/year. As part of the terms of this first phase, 325 homes low-income will receive free access for three months...

Read more

Pages

Subscribe to financing