Why is a company willing to make a major investment into improved access to high-speed internet for Beaumont? How will it recover its investment?

The proponent is committing significant financial resources to support similar projects in the province and is looking for willing partners. Beaumont’s size, its location and the City’s willingness to embrace innovative ideas make it an ideal location for one of the first projects in Canada.

Like any business, the proponent does expect to make a return on its investment. Once the network is built, it will receive revenue from fees charged to internet service providers.

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1. How much will this cost the City of Beaumont?
2. What are the risks to the City of Beaumont and taxpayers?
3. Will Council have final say on the proposal?
4. Why is a company willing to make a major investment into improved access to high-speed internet for Beaumont? How will it recover its investment?
5. Who will own and operate the network?
6. Why are details of the network being discussed in private?