Build a Broadband Future
Public-Private Partnerships (PPPs) are becoming increasingly vital in the development of Open-Access broadband Networks. Open-Access Networks (OANs) separate the ownership and operation of the network infrastructure and allows multiple Internet Service Providers (ISPs) to utilize the same network, fostering competition and potentially lowering costs for consumers.
Public-Private Partnerships (PPPs) brings together and fosters the collaboration and cooperation between government entities (local, state, or federal) and private companies. PPPs can combine public funding and resources with private sector expertise and investment.
As it relates to infrastructure development, Governments may contribute funding, facilities, expertise, or access to right-of-ways, while private companies handle the construction and maintenance of the broadband network. This requires sharing of financial and operational risks associated with broadband deployment, which can be particularly important in rural or underserved areas where the return on investment is considerably lower.
By combining public and private resources, PPPs can accelerate the deployment of broadband infrastructure, helping to close the digital divide. When PPPs create open access networks, this leverages a public entity and its infrastructure to assist various internet-based organizations.
Open-access networks promote competition among ISPs and telecom providers, which can lead to more available bandwidth, lower prices, and better service for end users. The end result is PPPs can extend broadband access to underserved areas where private companies may be reluctant to invest. This expands economic development by stimulating growth by attracting businesses which create jobs throughout the entire state/region. By leveraging state assets to increase private investments in rural America, it lowers the tax burden on local, regional, and state governments.
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