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Gigabit Squared asked to develop a strategy to aid struggling network reach sustainability.
(June 11, 2012) Monticello, MN – In a unanimous (6-0) vote tonight, the City of Monticello voted to turn to Gigabit Squared to turn around its struggling municipal network, FiberNet Monticello.
FiberNet provides “triple play” (high speed Internet, TV, and phone) services to the Monticello market, competing with private companies. Gigabit Squared takes control of the laboring network after the FiberNet incumbent withdrew its operation after two unsuccessful years.
The shift in control of the network will be marked with a 90-day discovery designed to find partnership opportunities that leverage the network and its potential for long-term sustainability. Centered on these efforts will be uncovering the demand for additional services not currently offered and aggregating that demand.
“We’ll be spending the next 90 days examining the network, performing surveys and market analysis, examining all services and aspects of the operation and competition, explains Gigabit Squared’s president, Mark Ansboury. “We’ll be rebuilding the business model, using best practices and learnings our team has gained from building and operating successful, sustainable networks across the Country.”
“Their level of broadband service and understanding of the broadband technology and potential for development is nationally known, and they have quite a set of credentials,” said City Administrator Jeff O’Neill. “We think they come well recommended, and I think we’re in a spot where it’s an opportune time to take advantage of this situation to move forward and address a problem that’s quite immediate.”
Expanding on the possible untapped potential for FiberNet, Bryan J. Rader, CEO of Bandwidth Consulting LLC and Gigabit Squared team member explains, “We believe there are tremendous opportunities to deliver a value-add product to the MDU industry in and around Monticello, Minnesota. Our infrastructure gives us great potential to give local apartment communities and other multi-family properties with advanced services, customized options, and exciting fiber-rich applications that will help their business, and improve their competitiveness.”
After the initial 90-day discovery period, the City will have the option of retaining Gigabit Squared to manage FiberNet for another 90 days or beyond.
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