BACKGROUND
In the evolution of the telecommunications industry, many small to mid-size communities have not received adequate attention from incumbent phone and cable operators. These incumbents have traditionally invested capital in more densely populated cities, where they can realize a higher return on investment. As a result, many communities throughout America do not have adequate telecommunications infrastructure, forcing them to rely on dial-up internet access and very basic cable TV. In an age where our society is increasingly utilizing the internet as an integral component of life (information, commerce, medicine, security, entertainment, voice communications, and video) cities are no longer willing to stand by while the Information Age passes them by.
In recognition that telecommunications capacity increases standards of living and spurs economic growth, many municipalities are now taking an active role in implementing telecommunications infrastructure. By investing in state of the art infrastructure which is resilient enough to accommodate updates over time, the municipality is able to offer superior internet, phone, and television services to residents at lower prices than incumbents charge for older technology.
Government's role in providing essential infrastructure can be traced back to canals, bridges, roads, railroads, airports, power utilities, and water utilities. The next step in the progression is municipal telecommunications systems to facilitate the Information Age.
In addition, some entrepreneurial companies are looking at developing Fiber to the Home systems in small to mid sized communities.
We at MCM believe that there is a market for both municipally owned and entrepreneurial owned companies delivering Fiber
to the Home.
