On Westminster: “Our long term plan is to bring fiber to every home and business in the City. This project enables us to deliver a wide range of broadband services beyond simple Internet access, attracting even more businesses and residents to our City.”
On Next Century Cities: “As we embark on our fiber project here in Westminster, we are excited to be part of an even larger network to bring the next generation of broadband to cities nationwide.”
What Wesminster is doing: Westminster, Maryland is a City that strives for innovation and the promotion of technology wherever possible. Its latest venture includes pioneering a groundbreaking approach to bringing state-of-the-art broadband services to the small community. By building a municipallyfinanced and owned dark fiber network, Westminster will not only provide cutting edge service, but also lease it to service providers on an open and competitive basis.
Westminster is employing a stratified business model, where smaller markets can transform into viable business opportunities. This is accomplished by segregating the capital and operational expenses and risks into a series of operating layers. These smaller, separate layers create a more attractive market for operators. In addition, the City’s incremental approach to the network build out will minimize risk via the creation of a pilot rollout and the development of a full implementation plan following the pilot. This will limit negative cash flow and prioritize areas of implementation, focusing on areas of greatest potential for early returns of investment for both Westminster and the Operator.
The first phase of Westminster’s project is fully funded, with Henckels & McCoy breaking ground in October. Negotiations with potential operators are currently underway.