Meridiam

Content tagged with "Meridiam "

Displaying 1 - 2 of 2

Selma, 17 Other Alabama Communities Will See Construction of $230 Million Open Access Fiber Network

Selma, Alabama – and parts of 16 other communities in eight different counties – will soon be connected to a new, $230 million open access fiber network that aims to bring affordable broadband to historically marginalized sections of the Yellowhammer State.

The deployment comes courtesy of a public private partnership (PPP) the city has struck with Meridiam Infrastructure and Meridiam-owned YellowHammer IT, an agreement that will expand fiber access across Alabama’s Black Belt region on the back of a $5.1 million Capital Projects Fund (CPF) grant.

At a March 2 press conference, Selma Mayor James Perkins Jr. said the partnership with Meridiam and Yellowhammer should result in fiber access being deployed to 85 percent of city homes and businesses, regardless of residents’ income levels, with $45 million of the $230 million investment dedicated to bring fiber service to Selma, the “Queen City of the Black Belt.

Image
Selma Mayor James Perkins Jr.

“High-speed reliable broadband is no longer nice to have. Today, it’s as important as gas, water, and electricity,” Perkins stated at the event. “In our increasingly digital society, cities without access to fiber broadband risk falling behind. It’s critical that the City of Selma makes fiber broadband accessible citywide by building utility-like infrastructure that serves our residents’ needs today and for generations to come.”

Memphis Launches $700 Million Plan To Expand Fiber Access

Memphis Mayor Jim Strickland has introduced an ambitious new plan to incentivize private telecom providers to deliver affordable fiber to 85 percent of the Tennessee city of 633,000. The project, part of the city’s Memphis 3.0 master plan, will spend more than $700 million to expand broadband in a city where less than a quarter of residents–most of them wealthy–have access to next-generation fiber.

On September 23, city leaders introduced a new city ordinance amendment establishing new, streamlined permitting and fee requirements. Their goal: to incentivize companies willing to expand fiber optic broadband to at least 60 percent of Memphis’ residential and business premises and 60 percent of all existing low-income premises.

Not long after, city leaders unveiled more details about their "Smart Memphis Fiber" effort. After issuing an RFP last year, Memphis officials say they’ve struck a partnership with Paris-based Meridiam and Blue Suede Network to build a $700 million fiber optic network with an eye on eventually reaching 85 percent of the total Memphis population.

Image
Memphis 3.0 Plan cover sheet

“City Government will incentivize any interested company by reducing our costs through reductions in permitting fees and right-of-way fees,” Strickland said in a recent presentation before the city council. “Additionally, we will streamline our process to allow a company to get to work faster. We are also putting our own skin in the game.”