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City on healthy financial track
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Photo from Northwest Colorado Council of Governments
Since Summit County jumped in on Project Thor in January 2020, a regional high-speed broadband network created in collaboration with 11 other entities, internet access has improved throughout the area.
Andy Atencio, Summit County’s information systems director, said the biggest benefit of the project is that it provides “redundant and resilient” internet access. This means that instead of having one single network that can be interrupted during construction or service projects, the Project Thor has created multiple paths through the broadband service hubs, known as Meet Me Centers, in Breckenridge and Frisco.
“That means that if the fiber going north down Highway 9 somehow gets cut or compromised or is broken in some way … there is actually a secondary route that goes up over the pass and down (U.S. Highway) 285 and back down into Denver, so service is not lost,” Atencio said.
Greeley grants fiber internet franchise to Nebraska telecom – BizWest
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Nelnet (NYSE:NNI) is a little-known conglomerate based out of Lincoln, Nebraska. When looking at its 2020 annual report released on Feb. 25, you might get the impression that the company doesn t do anything special. But if you take a deeper look, you ll realize that the unique structure of Nelnet sets it up to grow with little downside for many years to come.
Here s why investors should consider Nelnet stock as a potential addition to their portfolios.
Steady cash flow from student loans
Nelnet started out as a purchaser of student loans, and now owns a large portfolio of loan assets. With the government deciding to bring all loan origination in-house in 2010, Nelnet has struggled to grow its loan portfolio, only growing it by buying existing loans from other financial institutions. However, the existing loans still generate millions in cash for Nelnet each year. Management estimates it will get $2.3 billion in future cash flow from its existing portfolio, with $1.51 billion
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