DENVER -- The City of Dayton, Texas and its implementation partner, Magellan Advisors, have begun construction of the city's fiber to the home broadband network, DayNet, which will be offering gigabit internet speeds by late 2021. Magellan Advisors is working alongside the City of Dayton to provide turnkey implementation of the network, including construction management, inspections and startup of the City's broadband operations. Construction began on January 4th, 2021 and is estimated to be complete in less than 2 years.
Since 2019, Magellan Advisors has served the City of Dayton's needs as a trusted broadband partner to guide City leadership through the process of developing its broadband strategy. In 2020, Magellan Advisors designed the City's fiber to the home network and developed the strategic business plan to support the deployment and operation of DayNet. Magellan Advisors brought its team of engineering, business, and financial experts to develop the most effective network design and strategy to operate the network, aligned with the City's capabilities and resources.
Theo Melancon, City Manager of Dayton, stated "We're excited to deploy DayNet, a community-owned utility, focused on delivering the fastest, most reliable Internet services in East Texas, while delivering top notch, local customer service. We're equally excited to have Magellan Advisors and their team of professionals by our side, who are leading the day-to-day buildout and stand up of our operations."
"Magellan Advisors is honored to serve the City's needs as it builds its next-generation broadband network. In this age of COVID-19, DayNet will give the City key competitive advantages by bolstering local economic development, work from home capabilities and an enhanced quality of life," said John Honker, Magellan Advisors' president and CEO.
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