Bandwidth has become similar to a utility in that it is an essential part of our daily lives. It has shifted from a luxury to a necessity. Unlike traditional cable or copper wires, fiber provides almost unlimited bandwidth and symmetrical upload and download speeds.
The bandwidth and symmetrical capabilities of fiber will become more and more critical to the businesses, schools, hospitals and residents in every community because all of these constituents will be using technology on a daily basis that requires it. Therefore, communities need to find a way to provide this essential service to not only meet minimum expectations but to also remain competitive from an economic development standpoint.
Municipalities are learning that the existing incumbents that provide Internet service in their community are either not planning to build fiber networks or if they are, the plans do not include serving the entire community. The challenge for municipalities is how to address this increasing demand for bandwidth and avoid being left behind.
Many municipalities have responded to this challenge by taking matters in to their own hands by building their own fiber network that serves the entire community at an affordable price. Symmetrical Networks facilitates this process by providing a turnkey solution for municipalities to provide up to 10 Gbps Internet, video and phone services to municipalities.
In conjunction with our U.S. based partners, we design, build, operate, and provide all necessary equipment for the fiber networks and finance 100% of these expenditures. Our team includes professionals with a proven track record of successfully implementing fiber to the premises projects across the country.
Through our affiliate Sunstone Business Finance, we were recently selected by the City of Lake Oswego in Oregon to finance, design and build a FTTP network that will pass all residences and businesses. We have teamed with Calix on the Lake Oswego project.