Will Your 2014 Broadband Strategy Embrace Multi-Dweling Units? (pt 1)

As economic development pros and others develop strategies for using broadband to boost their local economies, here’s one strategy you should consider that can achieve this goal PLUS increase the financial strength of the network. Are you selling owners of commercial multi-dwelling units (MDUs) on being anchor tenants of the network?

Analyze Santa Monica, CA’s execution of this strategy so you can repeat their success. The City of Santa Monica’s IT Department built its initial fiber network infrastructure in 2004 primarily to replace the city government’s aging data and voice communication networks, saving $750,000 in the first year. Then they discovered offering services to local businesses attracted new companies and jobs.

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