Indianola Municipal Utilities began hooking up customers to its fiber-to-the-home network in November 2018. 16 months in, the project is proving to be a success.
IMU Telecom Director Kurt Ripperger says the municipal telecom utility sent out just over 2,100 bills at the beginning of March. That gives them a penetration rate of 31% after just 16 months of operations. That's ahead of the projected growth curve called for in their original business plan, which anticipated a 40% take rate after 5 years.
With warmer weather on the horizon Ripperger says IMU will be back at work installing service drops and converting customers soon.
Broadband Bytes News
Presented by the Community Broadband Action Network and curated by Curtis Dean.