Early on in the telecommunications history, networks widely consisted of copper wires that carry only one channel of data and configuring a connection between two points required mechanical switches to create a temporary physical circuit. That mechanical switch used to be a human operator who would physically pull the plugs and create the circuit but this process eventually became automated. In order to own and control the telecommunications infrastructure, the service provider had to own every aspect of the infrastructure, even down to the telephone at the end of the circuit.
In today’s telecommunications, a service provider can now be entirely virtual while maintaining a very close and reliable relationship with customers. This approach requires a partitioning of network services which causes a division of operations and services that can have several advantages for providers at each level. This approach enables competition, increasing the number of services and potentially increase revenue streams. Fiber can be self-supporting and allows customers to benefit from lower prices, better prices, and diversity of services. This healthy competition creates a truly open market for consumers and service providers alike. The true fundamental advantage of this P3 model is the reduction of risk which will essentially drive economic growth.
By supporting your local broadband you are also able to take advantage of affordable and higher quality services that ultimately help boost the economy of your city as a whole. Fiber optics is not only a smart investment but has become an increasingly more essential investment for municipalities.