Access to tax-exempt financing does not begin to explain the sizable rate differences between municipal and private cable providers. It explains only about one percentage point of the 20, 30, or 40 percentage points that private cable rates were above those of municipal systems.
Tullahoma, Tennessee, Latest Inductee to the 1 Gig Club
In 2008, the Tullahoma Utilities Board in Tennessee, created LighTUBe. In addition to attracting employers, the FTTH network connects residents and provides smart meter capability. The network now offers 1 gig service to business and residential customers.
Andrea Agardy, from the Tullahoma News, covered the story. Residential customers who now purchase the highest tier, 300 Mbps, will be automatically upgraded at the same $300 monthly rate. LighTUBe will provide 1 gig business connectivity on a case-by-case basis.
Brian Skelton, General Manager, said:
“It shows that we can provide anything they want,” he said. “The TUB board made the decision to build a fiber to the premise system for economic development reasons, and it is paying off for our community. We want to make Tullahoma a much more desirable location for technology companies to locate, due to our ultra-high speed Internet and our highly skilled workforce. Tullahoma is light years ahead of most cities in the United States with the ability to offer these incredibly fast Internet speeds, and we look forward to the benefits this will bring to our city.”
Kudos to LighTUBe and the community of Tullahoma!