City builds open-access broadband network with Google Fiber as its first ISP:
The West Des Moines government's announcement said that "once the City installs conduit in the public right of way, broadband providers will pay a license fee to install their fiber in the City's conduit. Google Fiber will be the first tenant in the network." A conduit-license agreement "calls for Google Fiber to cover a portion of the construction cost to build conduit... through their monthly lease payments."
"On a monthly basis, Google Fiber would pay the city $2.25 for each household that connects to the network," according to the Des Moines Register. Google Fiber would pay the city a minimum of $4.5 million over 20 years.
Construction is expected to begin this fall and be completed in about two and a half years, the city said.
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(Score: 3, Interesting) by looorg on Thursday July 09 2020, @01:19AM (2 children)
Possibly. But I would still like to know what Goggle get for their $2.25. They are paying for something but it's not really laid out in the article, as far as I could tell at a glance.
(Score: 1, Interesting) by Anonymous Coward on Thursday July 09 2020, @03:28AM
Access to customers paying them the profit margin left over from the $70.
(Score: 4, Informative) by c0lo on Thursday July 09 2020, @06:23AM
The right to access the conduit, of course.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford