(TNS) — The Town of Gilbert is making moves to bring high-speed fiber broadband Internet options to residents, while bringing in some revenue as well.Town Council last week unanimously approved an agreement with Gigapower LLC , a fiber network company, to develop a broadband network with the town’s unused fiber conduits.Gigapower describes itself on its website as a company that “builds, owns, and operates a state-of-the-art fiber network to serve Internet service providers and other businesses in select locations within the U.S.”Gigapower builds networks that enable multiple ISPs to use it, resulting in a ‘build it once’ construction event that can be utilized by multiple ISPs, enabling choice and competition for residents and small businesses within your community,” it states, adding:”All communities deserve powerful digital infrastructure to support their economies. Fiber delivers the fast symmetrical speeds needed to keep residents and visitors connected to the people, events, and businesses that matter most to them.With Gigapower, AT&T — one of the largest investors in fiber in America — and BlackRock — one of the largest investors in infrastructure — have come together through a joint venture to deliver access to super-fast, reliable, high-capacity fiber to more communities.”According to the agreement with the Delaware limited liability company, Gilbert will identify unused fiber conduits — the protective tubes that surround fiber optic cables underground from impact damage and environmental threats.The town will then lease these conduits to Gigapower to install and maintain the broadband network.”This is a little bit of a different type of agreement for the town; it’s a li …
[wpts_spin]{Read|See} the {entire|full} article {on|about} infrastructure development in Arizona, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real estate investing in Arizona}. We {warmly |}{welcome and |}encourage you to {mention|recommend} our site to your{ circle of|} fellow investors, {letting them |allowing them to }benefit from the valuable{ resources and|} insights we provide. {Thanks!|Thank you!}[/wpts_spin]
