Business
Lite Access Technologies Provides Update on the City of Brooks' Next Generation Broadband Network
Lite Access Technologies Provides Update on the City of Brooks' Next Generation Broadband...
About this update from Ironman International Ltd.
[{"type":"text","content":"\n \n \n \n Lite Access Technologies Provides Update on the City of Brooks' Next Generation Broadband Network\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n June 22, 2021\n \n /CNW/ -\n \n LITE ACCESS TECHNOLOGIES INC.\n \n (the \"\n \n Company\n \n \") (TSXV: LTE) (PINK: LTCCF), a world leader in the use of innovative and proven micro/narrow trenching technologies, alternate methods of deployment and specialist products which transform the cost of fibre optic network deployment for telecommunications operators, is pleased to provide an update for the construction of a city-wide FTTH broadband network in the\n \n City of Brooks, Alberta\n \n (see press release dated\n \n January 20\n \n , 2021).\n \n \n Lite Access refers to the\n \n City of Brooks'\n \n media release on\n \n June 21, 2021\n \n (link:\n \n https://www.brooks.ca/CivicAlerts.aspx?AID=221\n \n ): \"The\n \n City of Brooks\n \n has reached an agreement in principle with a consortium led by Community Network Partners, a subsidiary of Crown Capital Partners Inc., for the construction and operation of a next generation broadband fibre optic network, capable of 10 Gigabytes per second (Gbps) to every household and business.\n \n \n The construction will take place over the next three years, and as neighborhoods are constructed, they will be able to sign up for internet, television and telephone service with the new community-based internet service provider.\n \n \n The City will invest\n \n $5.3 million\n \n and will own the backbone network. Community Network Partners will invest\n \n $15.7 million\n \n to connect residents and business locations to the backbone, with the network being operated as one seamless network.  Lite Access Technologies will be responsible for the construction of the entire network with IBI Group providing planning, design, and project management services to the partners.\n \n \n The City and Community Network Partners will contract with O-NET, a trusted and respected community network operator in\n \...