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CNX, Macquarie Capital launch broadband partnership.

INTERNET BUSINESS NEWS-(C)1995-2016 M2 COMMUNICATIONS

Connected Nation Exchange (CNX) has joined together with Macquarie Capital to offer Public-Private Partnership (P3) solutions for cities and states seeking to expand their broadband infrastructure by providing advisory and technical services, business planning and financing for the construction, management and operation of fiber and wireless broadband networks, the company said.

In the Commonwealth of Kentucky, Macquarie Capital is leading the public-private partnership effort called "Kentucky Wired" to construct a 3,200 mile "middle mile" network to provide open access for service providers to offer exponentially faster services to local communities, state agencies and anchor institutions at a much lower cost.

Macquarie Capital and CNX will work together in Kentucky to ensure that providers and institutions statewide are taking full advantage of this new economic asset in the Bluegrass state.

CNX offers technical, financial, legal, and operational expertise to implement geo-relevant public-private partnerships that solve broadband access challenges and expand the network effect for the good of all.

Macquarie is a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie operates in more than 65 office locations in 28 countries, employs more than 14,000 people and has assets under management totaling USUSD366 billion at 31 March 2016.

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Publication:Internet Business News
Geographic Code:1U6KY
Date:Oct 14, 2016
Words:222
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