Benefits of Municipal Broadband Service
"A pioneer in municipal broadband, Chattanooga developed its fiber network in 2010 with a combination of Federal funds and bond issues. The high-speed access led to direct and indirect economic gains and has been profitable."
"In the past three years, the city’s unemployment rate has dropped to 4.1 percent from 7.8 percent and the wage rate has also been climbing. Volkswagen’s presence has boosted the manufacturing sector and 10-gigabit speed internet has fueled wage growth, Berke said, speaking at Fiber to the Home Council Americas conference at Gaylord Opryland Resort & Convention Center... “It changed our conceptions of who we are and what is possible,” Berke said... Downtown has doubled its residents and landlords often advertise gigabit speeds that are included in monthly rents... "