AT&T (NYSE: T) and Charter Communications (Nasdaq: CHTR) will now have to deal with a fiber to the home (FTTH) competitor in Alabama as Opelika Power Services (OPS) got city council approval for the rates on its new set of broadband services.
The city of Opelika, reported the Opelika-Auburn News, invested $41 million in the project, which included the construction of the new OPS building. It is funding the project through revenue warrants and a line of credit.
Similar to other cities that have built their own FTTH network such as Chattanooga, consumers have the option of purchasing broadband services individually or as part of a triple play bundle.
OPS is offering six broadband data tiers that scale from as low as 10/5 Mbps up to 1 Gbps. On the lower end, prices range from $34.95 for the 10/5 Mbps tier to $99.95 for a 100/50 connection.
Alternatively, a symmetrical 300 Mbps or 1 Gbps tier costs $249.95 and $499.95, respectively.
By comparison, a number of other FTTH providers, including EPB and Utah-based UTOPIA, recently lowered the price of their 1 Gbps broadband offerings to $70 and $65 a month.
- Opelika-Auburn News has this article
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