More and more companies are relying on the ability to easily locate fiber in developing areas. With emerging business and new tax incentives, people are seeking to understand and expand their local fiber optic maps.
States such as Illinois are trying to grab their stake of data resources to improve their digital infrastructure. By providing incentives for telecommunication companies, they can attract businesses that may have chosen another state in which to build a data processing center or fiber-lit buildings. With more connectivity being supported by the state, telecom companies will come to the area supplying better broadband width, high-performance jobs, more state revenue, and lower internet costs.
Incentives to Locate Fiber
In a recent GeoTel article, Fiber Optic Network Maps and Bills, we discussed bills being introduced to the United States government in regards to new connectivity and more transparent maps to locate fiber. An Illinois Bill, Senate Bill 1519, would allow exemption of property taxes for data center construction providing an incentive for additional processing centers. An amendment to the bill also provides a 20% income tax credit to data centers in areas that meet a certain level of poverty and unemployment.
States want to have access to stronger connectivity, but there are costs associated beforehand. In Broward County, Florida residents are facing a 17% rise for higher taxes in order to bring new fiber optics to the area. These new routes will provide information specific to traffic engineering divisions and synchronize traffic lights. It will improve traffic functions and ease the workload of traffic managers, at a cost of $5.5 million.
Some states have already incurred costs and are ahead of the technology development curve. In Missouri, a telecommunications company, BlueBird Network has just announced the completion of a fiber expansion build. The company is known for densifying fiber routes and expanding new routes to meet underserved areas. Its enterprises consist of over 6,500 routes of broadband connecting consumers to the internet and their underground data center. Due to this recent expansion, consumers and businesses in the area can rely on high-capacity internet and connectivity.
With more fiber routes, fiber lit buildings, and data center developments, the ability to locate fiber has become more pertinent than ever. It is essential to find fiber routes when developing new business or making certain real estate purchases. Do not fall behind the competition and instead gain access to fiber routes, fiber-lit buildings, and more with GeoTel where data is accurate and easy to access.
Geotel is the most advanced provider of telecommunications infrastructure data, including broadband fiber subsets. If you are interested in improving your location-based business decisions, the contact GeoTel today!
Author: Valerie Stephen
