In eras past, economic success depended on creating networks that could shift people, merchandise and electric power as efficiently and as widely as possible. Today’s equivalent is broadband: the high-speed internet service that has become as vital a tool for producers and distributors of goods as it is for people plugging into all the social and cultural opportunities offered by the web. Easy access to cheap, fast internet services has become a facilitator of economic growth and a measure of economic performance.
Google to Lease liNKCity Fiber in Missouri
Google Fiber is leasing fiber for transport from a small municipal FTTH network in North Kansas City. A recent Kansas City Business Journal article reports that Google finalized a deal with City Council for a 20-year agreement worth $3.2 million to lease fiber from liNKCity. This was more convenient for Google than laying (or attaching) its own fiber to get between areas it is building out.
Earlier this year, liNKCity made news by providing free gigabit service to North Kansas City Schools. The service was estimated to save the school district $500,000 over the next five years.