City of Opelika , AL to Sell Fiber Telcom to Point Broadband

  • Point Broadband
OPELIKA, AL — The City of Opelika has agreed to sell its fiber telecommunication assets and operations (OPS ONE) to Point Broadband in a transaction that is expected to close on Nov. 8, 2018.

Opelika built a fiber network in 2012 to provide the businesses and residences in its municipal city limits with competitive internet, voice and video services, and was a pioneer in fiber technology. According to Opelika Mayor Gary Fuller, the time has come to divest these assets, and this agreement is a win for the city, a win for the businesses and residents of Opelika, and a win for the surrounding communities that have been unable to get competitive telecommunication services.

Retain Smart Grid, Transition Telecom to Private Provider
“The fiber network we built and operate has allowed us to achieve our goal of bringing the much needed and effective competitive telecom services to our community,” Mayor Fuller said. “The fiber project also facilitated the deployment of a smart electrical grid to provide more efficient power services to the businesses and homes in Opelika. We believe now is the right time to transition the telecommunication assets away from the city and into the hands of an experienced, local telecommunications company with a long history of providing competitive and innovative telecom and fiber services to cities similar to Opelika. This transaction allows us to maintain the electrical smart grid assets and divest of the telecommunications assets, all while being made whole financially on the city’s investment.”

All OPS ONE employees will transfer to Point Broadband with the same positions and salaries. Employees will be offered a competitive benefits package as well. The only immediate change for current OPS ONE customers will be the name change to Point Broadband. All plans and rates will remain the same as a result of this agreement. In addition, there are no changes to programming or local channel coverage. Point Broadband will share the same building with Opelika Power Services, so customers will experience a seamless transition. Customers will be able to pay their bills and add or make changes to their service in the same location if they prefer to do this in person.

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