Journal:
Santa
Cruz
Fiber
to
be
First
Gigabit
Fiber-to-the-Home
Network
in
Silicon
Valley
The wait is over. On Tuesday, December 8, the Santa Cruz City Council unanimously approved the first Fiber-to-the-Home gigabit network in Silicon Valley. Called Santa Cruz Fiber, the network will provide accessible and affordable internet service for residents and businesses at speeds 10 to 100 times faster than current connections, with a three-year timeline to design and build the network to pass every parcel in the city by 2018.
In partnership with local internet service provider Cruzio
Internet and the non-profit National Development Council, the City of Santa
Cruz proposes to seek lease revenue bonds estimated at $45-50 million, to
finance the dark fiber infrastructure and startup costs while Cruzio Internet
provides the electronics, local customer support, and blazing-fast internet as
the exclusive retailer on the municipally-owned network.
“Santa Cruz is already an innovative hub. Now, Santa Cruz Fiber will deliver the innovative infrastructure we need to enable our economy’s full potential.” — Bonnie Lipscomb, Economic Development Director
While many communities in the Bay Area have pockets of speed for those willing to pay a premium, Santa Cruz Fiber strives to be the first in Silicon Valley to offer gigabit service to anyone who wants a gig in Santa Cruz at a competitive price.