Trust Lands Administration And Broadweave Networks Ink Deal, Launch Fiber Optic Community
Washington, UT - Utah School and Institutional Trust Lands Administration (SITLA) together with Broadweave Networks has announced the groundbreaking of a new Fiber-To-The-Home (FTTH) Network in the Sienna Hills Master Planned Community. Sienna Hills, Washington City's most recent master-planned community, spreads 740 acres of residential and commercial developments across a breath taking, red rock landscape in the heart of color country. The mild climate, the profusion of colors, and the rich texture of the desert landscape make Washington County the ideal location for this provident, planned community. Zion National Park and Snow Canyon State Park are within a one hour drive while ample walking trails directly connect Sienna Hills to the Red Cliffs Desert Preserve -- a 60,000 acre nature preserve which accommodates hiking and other recreational activities.
Broadweave Networks brings a new kind of amenity to the community -- a fiber optic network to every home and business at up to 1,000 times the speed of cable and DSL services. Curt Gordon from SITLA reported, "The Trust Lands Administration is excited to have Broadweave Networks as our provider of choice for a state-of-the-art, fiber optic network at Sienna Hills. This represents a compelling vision to wire communities with advanced technology. Broadweave's active fiber optic network represents a quantum leap in communications services to homes and businesses." Over its lightning-fast networks, Broadweave delivers its "Triple-Weave" suite of all three classes of service -- Telephone, Internet, and Television -- at substantially lower prices than residents would otherwise purchase them outside the community.
Steve Christensen, CEO of Broadweave Networks, took the opportunity to make an announcement that, as a free upgrade to basic internet, "Broadweave now offers a 30 Mbps full duplex bandwidth between all residents within the community for high-speed gaming, to share documents, photos, home movies, and other multi-media applications. This offer has never been made by another service provider anywhere in the country." Christensen added, "Our very presence within the city will drive down the prices from other service providers because they must keep pace with Broadweave's state-of-the-art technology. If they don't keep pace, they will lose business with future developments and future customers."
Broadweave's value proposition asks the question: "Why build today's communities on yesterday's infrastructure?" Unlike yesterday's networks, Broadweave's fiber optic networks will protect Sienna Hills against infrastructure obsolescence. A fiber optic network will also add value to real estate. Render Vanderslice, an independent industry research firm, recently reported, "The average homeowner sees FTTH being worth an additional $4,000 to $7,000 per home." That is welcome news to potential home buyers. Historically, record home sales have characterized the robust economy of Washington County for the past several years. Washington City's growth rate for 2004 was 13%. The pace in this housing market is expected to continue in 2007 and beyond.
The vision at Sienna Hills shows that this community and the City of Washington are ready for the future.
SOURCE: Broadweave Networks