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Boulder, Colorado Strikes $9 Million Community Broadband Deal With ALLO

 

The Boulder, Colorado city council has voted unanimously (9-0) in favor of striking a $9 million deal with Nebraska based ALLO Communications that should ultimately provide fast fiber access to most of the city’s 330,000 residents.

The particulars of the agreement involve ALLO leasing part of the city’s fiber network as part of a 20 year agreement. ALLO will pay Boulder a $1.5 million upfront lease payment and provide the city $2.25 per residential and $9 per business customer per month plus 1.5 percent of revenue from any wholesale lease. The total deal is estimated to be worth $9 million to the city.

 

 

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