Oconee Fiber Project 8 25 20 Status Update

Oconee Fiber Project 8. 25. 20 Status Update

Oconee Fiber Project 20 year partnering agreement with SCC - creates new company “New. Co” Estimated 2. 5 year build of 80 -mile fiber ring and over 540 miles of fiber build Includes strategic tower locations to broadcast wireless internet with ability to collocate cell service providers, provide redundancy and improve public safety coverage Speeds Expected up to 10 gbps for residential/business Expected minimum of 50 mbps for wireless internet

New. Co Partners New. Co Funding/Master Integrator Network Builder Service Provider Technology Providers

Project Responsibilities New. Co Design, build, operate, finance, monetize, and manage a comprehensive fiber internet network Technology refresh Commercialization/marketing Customer service County CAPEX contribution is $4. 5 M, to be spent from SPLOST 21 (pending approval) Utilize New. Co services

Project Benefits Countywide fiber network Residential/Business broadband internet access Increased public WIFI opportunities Remote work/learning Smart Agriculture/Industry Smart City Projects County receives revenue share from project that can be placed back into the network to expand fiber County receives ownership of fiber network at end of 20 year term