City approves C Spire agreement for broadband Internet
Published: November 20,2013
CLINTON — Clinton officials have unanimously approved a franchise agreement with C Spire that clears the way for city neighborhoods to start marketing themselves as the best place for 1 gigabit-per-second broadband Internet.
The agreement is for 25 years, with two 10-year automatic rollovers that Ridgeland-based C Spire can trigger unless the company gives notice otherwise at least six months in advance.
That term is more than twice as long as the city’s agreement with AT&T, whose contract runs for 10 years.
The Clarion-Ledger reports C Spire will pay franchise fees equal to the lesser of 3 percent of gross revenues the company makes from the sale of basic video services or the lowest percentage payable by a third-party provider of video services.
To sign up for Mississippi Business Daily Updates, click here.
Mississippi Economic Council
Mississippi Chambers of Commerce
Mississippi State Legislature
Mississippi Development Authority
Mississippi Economic Development Council
North Mississippi News
Social Security Disability Lawyer
Auto Accidents Lawyer
Top Posts & Pages
- Comstock quits Tuscaloosa play on falling prices
- Clinton office complex sold for $20.5 million
- Ingalls to lease former SRHS clinic in Gautier for employee medical center
- Shale oil: market correction or longterm direction?
- Miss. surgeon sentenced in tax evasion case
- PHIL HARDWICK: Characteristics of a good year-end fundraising letter
- Meadville mayor seeks Sojourner's Senate seat
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- Record soybean yield is valued at $1.17 billion