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Neighborly Takes Lead in Deploying New Business Models for Fiber Networks

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BROADBAND BREAKFAST INSIGHT: New business models are coming for fiber to the home deployments across the U.S. On Tuesday, Medina County, Ohio, announced just such a model, together with Neighborly, a company that provides communities with access to capital for broadband projects. The fiber networks in the county is expected to cost $50 for 100 megabits per second (Mbps) symmetrical, $80 for 500 Mbps, and $150 for 1 Gbps.

High-speed fiber network gets set to open for home internet access, from The Gazette:

LAFAYETTE TWP. — Within five years, every home in Medina County will have access to a fiber network.

Neighborly’s Broadband Group announced Tuesday the launch of Medina County fiber during a press conference attended by almost 100 people at the Medina County University Center.

Neighborly, a venture-backed technology company that connects communities with capital for public infrastructure projects, is financing the network access.

Construction will begin this summer and residents in Phase I will have service in fall 2020. [Construction] takes about 18 months for installation. The rest of the county will be up and running within five years, organizers say.

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Source: High-speed fiber network gets set to open for home internet access - Medina Gazette

(Mayor Carol Carter of Seville, Ohio, on April 2, 2019 during a press conference at the Medina County University Center in Lafayette Township. Photo by Bob Finnan of The Gazette.)

Drew Clark is the Editor and Publisher of BroadbandBreakfast.com and President of the Rural Telecommunications Congress. He is an attorney who works with cities, communities and companies to promote the benefits of internet connectivity. The articles and posts on BroadbandBreakfast.com and affiliated social media, including the BroadbandCensus Twitter feed are not legal advice or legal services, do not constitute the creation of an attorney-client privilege, and represent the views of their respective authors.

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