Utopia, a project that will connect homes and businesses in 11 cities in Utah with fiber, has just taken a major step forward.
Today, organizers announced that they have secured $85 million in bond financing to start the first phase of the project. Phase I, which begins in August, will include the build-out of fiber in six cities. Phase II, which will require additional financing, will include homes and business not completed in the first part of construction along with customers in the remaining five cities.
People have been watching Utopia closely, since it is one of the biggest fiber-to-the-premise … Read more