Residents at the upscale 224-unit residential development Park Square at Seven Oaks pay a flat monthly fee of just
$25 a month for gigabit speeds – without the hassles of signing up for service, waiting for an installer, or committing to long-term contracts. It’s an innovative – and growing – business model for apartment complexes, MDUs, and real estate developers in which they build and own the fiber infrastructure, lease a single high-speed pipe to the Internet from a service provider, and contract a network operator for maintenance and support. They then pass on the savings. Residents benefit from the lower prices. For the developers, gigabit Internet is an amenity and an asset that enhances property values and attracts residents. VIDEO
gigabit speed of the network ignites an incredible 'wow' reaction, and that's
saying a lot because many of our residents are tech-savvy professionals, consultants
and telecommuters," says Andrew Fuller, president of Fuller Apartment
Homes and principal at Presidio Capital Partners.
telcos around the world are
racing to build fiber-to-the-home (FTTH) networks
to offer higher speeds and packaged services. Cities and municipalities
understand that having a f iber infrastructure is vital to local economic
development. If they can’t attract the operators to build fiber, they are
building it themselves, funded by an array of government programs, bonds, and
private equity. These are known as public-private partnerships (P3). On a
smaller scale, property developers are also doing it themselves, such as Park
exciting developments are explored at the
taking place in Austin, TX from
April 5-7, 2016. Hear Andrew Fuller and CommScope field engineer Sean Kelly speak on
this topic at the Blue Ribbon Panel, or Nate Fuentes speak at the State of the
Union of Wireless session on Broadband Communities Summit getting cellular and Wi-Fi coverage in MDUs.
you’re further north, head over to the
conference in Charlotte, NC on
April 5, 2016, where Erik Gronvall will be speaking on accelerating Gigabit Cities Live gigabit
deployments and creating a gigabit state.