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How the Utah Open Access Fiber Network Is Getting Back its Groove

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BROADBAND BREAKFAST INSIGHT: The Utah Telecommunications Open Infrastructure Agency has been outperforming expectations for some time; and never more so than recently. This post from FreeUTOPIA summarizes some of the reasons. In September, the entity signed a deal with Layton to allow the city to accelerate its build of the fiber-optic network.

Expanding UTOPIA the Layton Way, from FreeUTOPIA:

UTOPIA has never been in a better position. Revenues have exceeded operating expenditures for a considerable amount of time, new footprints are being opened for service every month, and many member cities have been finally embracing the network as a vital part of their infrastructure. While Orem has been putting in a lot of time drawing up plans, Layton actually beat them to the punch and pulled the trigger on an expansion that will take no more than 24 months to cover the rest of the city.

In many ways, this is a lot like the UIA plan where bonds are issued to be paid back by pledging subscribers. There’s a couple differences, though. For starters, UIA can now issue bonds on its own authority. This means cities no longer have to use their bonding capacity to back them. The Layton plan also has the city backing the bonds using city franchise fees. If the subscriber numbers fall below what is required to pay the bond (which, to date, has not happened in a single UIA expansion area), the city pledges to cover the difference. On the flip side, if revenues exceed the bond payments (which has happened in most UIA expansion areas), the city gets to keep a cut of that for whatever they want. This could include paying off the original UTOPIA bonds, funding other city services, or anything else, really. It’s important to note that this revenue split option is only available to cities who assumed the original debt service.

[more…]

Source: Expanding UTOPIA the Layton Way – Free UTOPIA!

See also UTOPIA’s press release on the subject.

Drew Clark is the Editor and Publisher of BroadbandBreakfast.com and a nationally-respected telecommunications attorney at The CommLaw Group. He has closely tracked the trends in and mechanics of digital infrastructure for 20 years, and has helped fiber-based and fixed wireless providers navigate coverage, identify markets, broker infrastructure, and operate in the public right of way. The articles and posts on Broadband Breakfast 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.

Broadband Roundup

Infrastructure Bill Gets Agreement, Fiber Connect Wraps Up, Washington Community Broadband

White House announced infrastructure bill to include $65B, Fiber Connect 2021 wraps up, Washington State community broadband bill becomes law.

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BROADBAND BREAKFAST INSIGHT: The Utah Telecommunications Open Infrastructure Agency has been outperforming expectations for some time; and never more so than recently. This post from FreeUTOPIA summarizes some of the reasons. In September, the entity signed a deal with Layton to allow the city to accelerate its build of the fiber-optic network.

Expanding UTOPIA the Layton Way, from FreeUTOPIA:

UTOPIA has never been in a better position. Revenues have exceeded operating expenditures for a considerable amount of time, new footprints are being opened for service every month, and many member cities have been finally embracing the network as a vital part of their infrastructure. While Orem has been putting in a lot of time drawing up plans, Layton actually beat them to the punch and pulled the trigger on an expansion that will take no more than 24 months to cover the rest of the city.

In many ways, this is a lot like the UIA plan where bonds are issued to be paid back by pledging subscribers. There’s a couple differences, though. For starters, UIA can now issue bonds on its own authority. This means cities no longer have to use their bonding capacity to back them. The Layton plan also has the city backing the bonds using city franchise fees. If the subscriber numbers fall below what is required to pay the bond (which, to date, has not happened in a single UIA expansion area), the city pledges to cover the difference. On the flip side, if revenues exceed the bond payments (which has happened in most UIA expansion areas), the city gets to keep a cut of that for whatever they want. This could include paying off the original UTOPIA bonds, funding other city services, or anything else, really. It’s important to note that this revenue split option is only available to cities who assumed the original debt service.

[more…]

Source: Expanding UTOPIA the Layton Way – Free UTOPIA!

See also UTOPIA’s press release on the subject.

Continue Reading

Broadband Roundup

FCC Says 4M on Emergency Broadband Benefit, Ritter Puts $12M in Arkansas, New STL Cabling Product

$3.2-billion program has 4 million households, Ritter to connect 100% in river valley, STL efficient cables.

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Ritter Communications CEO Alan Morse, left.

BROADBAND BREAKFAST INSIGHT: The Utah Telecommunications Open Infrastructure Agency has been outperforming expectations for some time; and never more so than recently. This post from FreeUTOPIA summarizes some of the reasons. In September, the entity signed a deal with Layton to allow the city to accelerate its build of the fiber-optic network.

Expanding UTOPIA the Layton Way, from FreeUTOPIA:

UTOPIA has never been in a better position. Revenues have exceeded operating expenditures for a considerable amount of time, new footprints are being opened for service every month, and many member cities have been finally embracing the network as a vital part of their infrastructure. While Orem has been putting in a lot of time drawing up plans, Layton actually beat them to the punch and pulled the trigger on an expansion that will take no more than 24 months to cover the rest of the city.

In many ways, this is a lot like the UIA plan where bonds are issued to be paid back by pledging subscribers. There’s a couple differences, though. For starters, UIA can now issue bonds on its own authority. This means cities no longer have to use their bonding capacity to back them. The Layton plan also has the city backing the bonds using city franchise fees. If the subscriber numbers fall below what is required to pay the bond (which, to date, has not happened in a single UIA expansion area), the city pledges to cover the difference. On the flip side, if revenues exceed the bond payments (which has happened in most UIA expansion areas), the city gets to keep a cut of that for whatever they want. This could include paying off the original UTOPIA bonds, funding other city services, or anything else, really. It’s important to note that this revenue split option is only available to cities who assumed the original debt service.

[more…]

Source: Expanding UTOPIA the Layton Way – Free UTOPIA!

See also UTOPIA’s press release on the subject.

Continue Reading

Broadband Roundup

New York Drops $15 Internet, Lumen Gets Army Contract, Illinois Signs Telehealth Bill

New York drops $15 internet after interim court decision, Lumen gets army contract for broadband, Illinois allows telehealth for all.

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BROADBAND BREAKFAST INSIGHT: The Utah Telecommunications Open Infrastructure Agency has been outperforming expectations for some time; and never more so than recently. This post from FreeUTOPIA summarizes some of the reasons. In September, the entity signed a deal with Layton to allow the city to accelerate its build of the fiber-optic network.

Expanding UTOPIA the Layton Way, from FreeUTOPIA:

UTOPIA has never been in a better position. Revenues have exceeded operating expenditures for a considerable amount of time, new footprints are being opened for service every month, and many member cities have been finally embracing the network as a vital part of their infrastructure. While Orem has been putting in a lot of time drawing up plans, Layton actually beat them to the punch and pulled the trigger on an expansion that will take no more than 24 months to cover the rest of the city.

In many ways, this is a lot like the UIA plan where bonds are issued to be paid back by pledging subscribers. There’s a couple differences, though. For starters, UIA can now issue bonds on its own authority. This means cities no longer have to use their bonding capacity to back them. The Layton plan also has the city backing the bonds using city franchise fees. If the subscriber numbers fall below what is required to pay the bond (which, to date, has not happened in a single UIA expansion area), the city pledges to cover the difference. On the flip side, if revenues exceed the bond payments (which has happened in most UIA expansion areas), the city gets to keep a cut of that for whatever they want. This could include paying off the original UTOPIA bonds, funding other city services, or anything else, really. It’s important to note that this revenue split option is only available to cities who assumed the original debt service.

[more…]

Source: Expanding UTOPIA the Layton Way – Free UTOPIA!

See also UTOPIA’s press release on the subject.

Continue Reading

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