"Gigapower, the open-access network operator owned by AT&T and BlackRock, said today that it has reached an agreement with Flume to use the network in Mesa, Arizona. Flume is a service provider focused on multi-dwelling units that relies primarily on other providers' networks for connectivity. The deal with Gigapower is in keeping with that strategy. "Through this relationship, Flume will deliver managed Wi-Fi internet services to residents in select apartment buildings and condominium communities," Flume and Gigapower said in a press release."
"AT&T and BlackRock formed the Gigapower joint venture in 2023. The strategy was to build fiber broadband networks outside AT&T's traditional local service footprint. AT&T would be the anchor tenant on the networks, but the same networks would also be offered to other providers on a wholesale basis. The Mesa network was one of the first that Gigapower built. Since then, the JV has announced other markets as well."
Gigapower, owned by AT&T and BlackRock, reached an agreement with Flume to use the Mesa, Arizona fiber network. Flume focuses on multi-dwelling units and relies primarily on other providers' networks to deliver connectivity. Flume will deliver managed Wi-Fi internet services to residents in select apartment buildings and condominium communities. AT&T already uses the Gigapower network to offer service to end users in Mesa and other markets. AT&T and BlackRock formed the Gigapower joint venture in 2023 to build fiber broadband networks outside AT&T's traditional local service footprint. AT&T is the anchor tenant while the networks are offered wholesale to other providers. Gigapower is in active conversations with multiple ISPs to join the network, though AT&T's retail presence may prompt cautious responses from some potential customers. Working through the joint venture provides AT&T potential additional revenue and minimizes capital deployment.
Read at Telecompetitor
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