It turns out that fiber brings in the big bucks. Plus, CenturyLink expands gigabit service to new cities, GCI launches gigabit broadband in Alaska and more, all in this week's edition of Gigabites.
According to an independent study commissioned by EPB, the company's fiber network has created between $865.3 million and $1.3 billion in city benefits. That's compared to the $220 million EPB spent to deploy the network in the first place. The study also suggests the new infrastructure has generated at least 2,800 jobs by attracting news businesses to the area.
There is a slight catch, however. Some of the ROI for EPB comes from cutting down on power outages thanks to the use of the gigabit network in the region's smart grid. That works when a city owns its own electric utility… but many don't. (See EPB: 10Gbit/s Service Feasible Within a Year.)
— Mari Silbey, Senior Editor, Cable/Video, Light Reading