Santa Cruz city council unanimously approves muni FTTH

by Steve Blum • , , , ,

The vote was seven to nothing, as the Santa Cruz city council moved ahead this afternoon with a plan to build a city-owned dark fiber network that will reach every home and business in town. Under the current plan, the system will be leased to Cruzio, a local independent Internet service provider. Cruzio will light the fiber – buy and maintain the electronics, and provision the Internet bandwidth – and run the business. The cost to the city is in the $30 million range. It’ll be financed with lease revenue bonds, which will be repaid via revenue generated by Cruzio. More details later.

Tellus Venture Associates is assisting the City of Santa Cruz with its FTTH project. I’m not a disinterested observer. Take it for what it’s worth.