Ubiquity Flashcards
Ubiquity Completes Acquisition of Dallas-Fort Worth Metro Broadband Provider
- Acquisition done in Oct 2020
- Ubiquity mgmt LP completed the acquisition of OneSource Communications a fiber broadband service provider in the Dallas-Forth Worth metro area from Tri-County Electric Coop
- With this transaction Ubiquity acquired a 300+ mile fiber network with potential to expand across North Texas
- The increasing population density along the existing fiber backbone provides massive opportunity to serve more customers
- One Source’s fiber network is within 300 meters of ~72k homes and business and with only 6k existing customers the company is positioned to capture significant growth.
- Per Jamie Earp, with OneSource Ubiquity acquired a platform that can be grown agressively as the backbone is located in a rapidly urbanizing population.
- Ubiquity has hired industry veteran Ken Carter to lead OneSource, bringing over two decades of communications operations and strategic leadership roles to the company
- Ubiquity’s ownership of OneSource will provide a platform to invest significant capital going forward via new fiber development and asset acquisition opportunities.
- The growing residential and business population within the service territory is expected to provide both organic and expansion growth catalysts.
- In addition, strategic partnerships with utilities, developers and non-competitive fiber providers is expected to provide effective and efficient deployment of new fiber-based connectivity across the market.
- Acquiring companies like OneSource where we can identify areas with low fiber penetration, take advantage of local market dynamics and extract value is core to our strategy,” said Ajay Ghanekar, Managing Partner of Ubiquity.
- Arvest Bank provided a $15 million senior secured credit facility, to help fund the acquisition and for general corporate purposes, with the ability to increase to $30 million subject to bank approval.
Ting Internet brings next-generation fiber-optic internet to a new California market, expanding its national footprint
- Ting internet announced in 2021 dsthat is bringing
Netly Fiber
- Netly is an open-acess fiber developer what this means is that Netly build fiber systems and leases them to internet service providers (ISPs), wireless carriers, utilitities and municipalities
- Netly believes that a fiber system should be built once, like a utility, and made available to all entities that want to use it.
- Netly’s business models delivers unsplit dark fiber strands to varied customers. What this means is that each Netly customer is getting a dedicated individual fiber for their exclusive use.
- With an unsplit fiber strand, the entire bandwidth of the fiber is dedicated to a single customer. This ensures maximum data transmission speeds without fluctuation or degradation due to other users’ activities. It’s akin to having a private highway rather than sharing the road with other traffic, allowing for consistently high speeds regardless of peak times.
- Netly offers long-term leases, typically preferred by service providers who desire predictable costs and Irrefutable Right of Use (IRU) contracts to meet the accounting requirements of regulated companies that wish to make capital investments for their fiber-based systems.
Unsplit Fiber Strand Service Benefits:
Dedicated Bandwidth: Ensures maximum speed without fluctuation, akin to a private highway.
Increased Security: Lower risk of data breaches; similar to using a private courier.
Higher Reliability: Less susceptible to outages, ensuring higher uptime.
Scalability: Easy to upgrade capacity for growing needs without competition for bandwidth.
Customization and Control: Full autonomy over network configurations and security protocols.
Lower Latency: Direct data transmission path reduces delays, crucial for real-time applications.
Cost Efficiency Over Long Term: Initial higher costs offset by long-term benefits in efficiency, reliability, and scalability.
Jim Hanley, COO of Netly, critiques that many networks advertised as “open-access” are in practice “closed” because
they enforce specific electronics use and regulate the speeds and performance accessible to users. As a result, Internet Service Providers (ISPs) on these networks cannot offer unique features due to the standardized equipment, leaving price as the only competitive edge. This situation triggers a price competition, leading to reduced profits for ISPs and a lack of investment in new technologies and services.
Recognizing the limitations of certain open-access networks, Netly’s business model allows ISPs to own and operate the electronics used to light fiber strands and deliver service. By giving ISPs control over their networks, Netly ultimately provides them the ability to innovate and enhance service offerings for years to come.
What are some distinct services ISPs can offer to differentiate themselves in the market?
ustomized Speed Packages: Tailored internet speeds for different user needs.
Bundled Services: Internet combined with cable TV, VoIP, and home security systems.
Advanced Security Features: Antivirus, firewall protection, and VPN access.
Cloud Services: Cloud storage and backup solutions.
Managed Services for Businesses: Network management, data analytics, and technical support.
Customer Service Excellence: 24/7 support and quick issue resolution.
Smart Home Integration: Services for managing internet-connected home devices.
Exclusive Content: Access to exclusive movies, TV shows, or games.
Flexible Pricing Plans: Transparent pricing without hidden fees.
Loyalty and Reward Programs: Rewards and discounts for long-term customers.
What are the two main types of contracts Netly offers to service providers, and what are their benefits?
Long-term Leases: Offers predictability in operational costs, preferred by service providers who desire stable, predictable expenses over time. Similar to renting an office space with fixed rent, it helps in financial planning without sudden cost increases.
Irrefutable Right of Use (IRU) Contracts: Allows a long-term right to use specific fiber strands, treated as capital investments. Suited for regulated companies needing to reflect infrastructure investments on balance sheets. It’s akin to buying equipment for long-term use, providing a sense of ownership and long-term investment in the infrastructure.
What is an Irrefutable Right of Use (IRU) Contract and its significance in telecommunications?
An Irrefutable Right of Use (IRU) Contract grants a company a long-term right to use specific fiber-optic strands, treated as a capital investment. This arrangement is ideal for regulated companies needing to reflect infrastructure investments on their balance sheets. It’s akin to buying equipment for long-term use, providing a sense of ownership and a stable, long-term investment in the network infrastructure. IRUs typically last for 20 years or more, are capitalized on the balance sheet, and offer financial and operational stability for companies planning long-term operations.
Ubiquity Announces Plans to Build Open-Access Fiber Optic Network Throughout Georgetown, Texas
- Ubiquity announced a plan to invest up to $75 Million to build open acess fiber in Georgetown =, TX which is 20 miles north of Austin
- The first customers will come online in the summer of 2022, while the full buildout will be completed over a two-to-three-year period and cover most of the city.
- Ubiquity plans to build open acess fiber that make the fiber system available to multiple tenants
- Potential tenants include: local and national cable cos, ISPs other tech platfroms suchs as 5G wireless sites
- Open acess fiber reduces the cost and disruption of fiber construction while maximizing connectivity choice for municipalities as any internet provider can expand into the city with out having to build its own fiber networks.
- Managing Director Greg Dial worked on this deal.
- Ubiquity open fiber business model is brilliatn because the multi-tenat approach increases speed of deployment of fiber infra in areas of current need. Potential tenants are able to acess fiber “investment free” as they dont have to commit dollars to build fiber but rather sign a long term acess contracts
- One of Ubiquity’s core business strategies is providing cities like Georgetown the same access to multiple providers of telecommunications services as urban markets,” added Ubiquity Managing Partner Jamie Earp.
Ubiquity Continues Expansion in Texas with Additional $100 Million Smart City Investment in the Cities of Hutto and Killeen
- Ubiquity announced plans to invest $75mm in fiber build out in Georgetown in early 2022 is continuing its texas growth by investing an additional $100MM in the Cities of Hutto ($20mm) and Killeen ($80mm)
- he project will pave the way to a more diverse list of internet service provider (ISP) choice including FiberFirst, Ubiquity’s first ISP on the open-access network.
- FiberFirst, a Texas-owned and operated company, will serve residents and businesses with high speed, multi-gigabit capable internet service, whole home Wi-Fi and other connected services. FiberFirst brick and mortar office locations in each city are also in the planning stages and its services will be available in all three cities as soon as the fiber is live.
-Ubiquity’s model invites tenants like FiberFirst to connect to customers ‘capital investment free’ via long-term access contracts, maximizing connectivity choice to residents, businesses and anyone bringing connected solutions to the city.
Santa Rita Ranch commemorates launch of Ubiquity Edge Data Center
Ubiquity and FiberFirst are addressing the increasing need for hyper fast connectivity across Central Texas. Together, they will serve the residents and businesses of Santa Rita Ranch with high-speed, multi-gigabit capable internet service.
The new edge data center anchors one of the densest fiber optic network deployments in the state with enough capacity to support neighboring communities, enterprises and carrier transport for next 30 years. The facility is also built with sustainability in mind and is equipped with natural gas generators, making it greener than most edge facilities deployed. Providing significant security and redundancy, Ubiquity’s deployment is monitored 24/7 by a network operations center and offers a landing point for any requested local storage and compute. The center connects to major data centers in Austin, Houston and Dallas.
Ubiquity Acquires Data Center Solution Provider EdgePresence, Accelerating Delivery of Sustainable Last-Mile Digital Solutions
- July 2023
- Ubiquity adcquired Edge presence. tThis acquisition will allow Ubiquity to deliver turnkey edge data center solutions for carriers and hyperscalers.
- The edge presence acquistiions is critical to the Ubquity Edge vertical which is focused on delivering last-mile space, power and edge compute solutions
- Edgepresence data centers are modular, purpose built data centers designed to include crital power, security and cooling,
- Edge Data Centers (EDCs) minimize latency and improve performance for network tenants in a faiclity that can be deployed in a matter of weeks.
- Ubiquity Edge is planning to deliver EDCs in highw froth metropolitan areas such as San Diego, LA, Dallas, Austin, Orland and Jacksonville
- While Ubiquity’s initial focus has been on its Smart City and Smart Building verticals, the addition of EdgePresence will serve as the anchor within the company’s new Ubiquity Edge vertical, focusing on last-mile space, power and edge compute solutions.
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