Meridiam Launches Fiber Project for Underserved Alabama Region in US

Meridiam launches a fiber project to deliver broadband access to Alabama's Black Belt region, benefiting 53,000 households and businesses.

Highlights

  • Project to provide high-speed fiber broadband to 53,000 households and businesses.
  • Yellowhammer Networks funds 100 percent of the project, totalling USD 230 million.
  • Omnipoint selected as initial ISP partner for open access network.

Follow Us

Meridiam Launches Fiber Project for Underserved Alabama Region
Infrastructure investment firm Meridiam broke ground on a fiber project that will provide broadband access in the underserved Black Belt region of Alabama, US. The company will develop, build, finance, and manage a high-speed fiber-optic network that, upon completion, will enable fiber broadband access to 53,000 households and businesses across more than 300 miles, Meridiam said last Saturday.

Also Read: Alpen Glasfaser to Start Rolling Out Fiber in Austria




Investment Across Region

The company highlighted that the fiber network is being developed and deployed at no cost to local governments or their taxpayers. Reportedly, Selma-based Yellowhammer Networks, a fiber-to-the-premises (FTTP) network developer owned and financed by Meridiam, has committed to funding 100 percent of the project, totalling USD 230 million in investment across the region.

Open Access Partnership

Additionally, Yellowhammer will provide strategic, technical, and operational support to the project. As an open-access network, Omnipoint will be the first ISP (Internet Service Provider) partner, bringing new and affordable fiber broadband service across Selma, Demopolis, and the Alabama Black Belt. The network will extend to Bibb, Dallas, Greene, Hale, Marengo, Perry, Sumter, and Wilcox counties.

Also Read: Movistar Chile Announces 1.5 Million 5G Customer Milestone and Fiber Migration Plan

Expanding Digital Infrastructure

Meridiam said this project is part of a series of investments, totalling more than USD 2.7 billion, into digital infrastructure that will connect over 1.3 million homes, many in rural and underserved areas. This includes projects already underway in Bloomington and Central Indiana; Memphis, Tennessee; Alberta, Canada; and across Europe in Austria, Germany, and Romania.

Reported By

Telecom Analyst

Passionately following the Indian #Telecom Industry for over a decade from Business, Consumer and a Technical perspective. My primary focus area is Consumer & Digital Experience.

Recent Comments

Faraz :

Yes, But some investment is better than none. Also as said by CEO, these funds and 18k crore FPO money…

Vodafone Idea Raises Rs 5400 Crore from Anchor Investors

Faraz :

IMO, Airtel only needs to buy sub GHz ( like B8/B5 ) to have atleast 10 MHz in that. &…

Airtel Hits 3 Million 5G Users Milestone in Mumbai

Faraz :

Yes I like your detailed reply. I have noticed same in Kolkata circle. Under many metro train station, Jio 4G…

Jio Leads Wireline Subscriber Addition in February 2024: TRAI

Faraz :

It's good that Airtel is sharing number of 5G customer circle by circle to attract new customer from that circle…

Bharti Airtel Surpasses 7.9 Million 5G Users Milestone in Andhra…

Santosh Kumar Pal WB :

Thank you Rupesh for good realistic long writing on Vi and BSNL.??

Vodafone Idea Raises Rs 5400 Crore from Anchor Investors

Load More
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments