Organization Springnet/city utlity
Communities Covered City of Springfield, plus 2 miles in any direction
Goals of the Network

,

Not Found


,

Not Found


Find a way to monetize stranded assets of the utility to realize revenue. Needed way to generate cash to offset costs of asset, Justification of carrying cost of network was to offer services to businesses.

Goals Achieved

Absolutely. Cash flow positive since the beginning.

The Network's Impact
  • Boosting economic development
  • Transforming healthcare medical care delivery
  • Impacted/impacting all four equally
Initial Investment Amount $1,000,000.00
Investment Covered We deployed the network in phases after paying for initial buildout
Source of Investment
  • Other
Other Source of Investment Loan from Utility
Investment Repaid? Repayment date estimated
Should be repaid by 01/01/2015
Services offered
  • Retail sales of fiber to individuals, businesses, others
  • Sell dark fiber services
  • Own and sell data center services
  • Other
Other internet related services

Lamda services