A gigabit project from RS Fiber Cooperative and Hiawatha Broadband Communications set to kick off in Minnesota will focus on small towns and rural areas. Rural gigabit isn’t unusual, as Telecompetitor readers know. But while rural gigabit projects typically are undertaken by an incumbent service provider, this one is a complete overbuild.
HBC has been overbuilding underserved communities in Minnesota since 1999 and will operate the new gigabit network. In an interview, HBC President and CEO Dan Pecarina explained how HBC and RS Fiber Cooperative plan to make the new gigabit project economically feasible.
The RS/HBC Minnesota Gigabit Project
RS Fiber Cooperative is an entity dedicated to the new gigabit project, which will bring service to 10 towns and 17 townships across four counties in south central Minnesota. The project will be funded through two general obligation tax abatement bonds; through other federal, state and private sources; and through revenues that Pecarina expects to generate beginning this year.