The plan outlines the steps and costs for building an open-access fiber optic network that would allow internet service providers to compete for customers over the city-owned network. Users who opt in would pay the cost of building and maintaining the network that would provide users with upload and download speeds of 1,000 megabits per second for a cost ranging from $46 to $55 per month, depending on how the network is installed and how many people participate.
The revised proposal includes summaries of public and private meetings and information about recently available federal funding options that could reduce the cost of installing a municipal-owned fiber optic network.
Superior s Broadband Plan Advances To Upcoming Council Meeting
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Superior s Broadband Plan Advances To Upcoming Council Meeting
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As the percentage of take rate goes up, it dramatically reduces the cost, said Devin Cox of Entry Point Networks.
“I love all the work that everyone’s put into this; don’t get me wrong,” said councilor Craig Sutherland. “I was just kind of sticker-shocked at $31 million as the price for this … if we’re going to go down this route. What’s stopping Spectrum from seeing these numbers and lowering their cost to us.”
Sutherland questioned whether a scenario like that has occurred in other markets where community-owned networks were being built.
Cox said it has happened before, but the more important question is whether Spectrum could achieve the same results the city is trying to achieve in building its own network and whether it could be done for the price of the network long-term.