Palo Alto Dark Fiber Brings $2.1 Million Per Year – this is more like it

The model described in this post from Community Broadband Networks is a more appropriate and sustainable government approach. Dark fiber leasing of government-owned fiber to taxpaying, private internet retailers can bring important high-speed connectivity to rural residents and businesses at the same time that it yields sustainable business revenues to the city coffers.  Read on…

The city owned dark fiber network in Palo Alto is bringing in a steady stream of revenue that may lead to better connectivity for the entire community. According to a Gennady Sheyner Palo Alto Online article, the Utilities Department recently reported to the City Finance Committee that the city Fiber Fund yields $2.1 million per year. The revenue comes from dark fiber leases to approximately 80 commercial customers. From the article:

via Palo Alto Dark Fiber Brings $2.1 Million Per Year, Expansion Plans Developing | community broadband networks.

This entry was posted in California, government-owned fiber, Municipal broadband, Municipal finance and tagged , . Bookmark the permalink.

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