Meridiam

The city has public rights of way that allow them to do construction along sidewalks and streets, but must repair any damage done to property.

Bloomington’s ambitious fiber optic plan will bring rapid download speeds to thousands of homes. But homeowners affected by damage during installation can find themselves bogged down for months.

Officials held a ceremony in front of Fourth Street garage retail space where Hoosier Networks, LLC will operate their Indiana offices.

The first Bloomington residents are expected to go online by the end of January 2023, with the entire project wrapping up by the beginning of 2025.

The first Bloomington residents are expected to have high-speed internet by the end of January 2023, with the project wrapping up by the beginning of 2025.

Meridiam would invest $33 million in the system, and the county will spend $4 million in American Rescue Plan Act Funds.

Meridiam’s network will provide one Gigabit per second exclusively through a yet-to-be-named internet service provider (ISP) for at least five years.

Meridiam will invest $50 million in the system, but will receive more than $10 million in tax credits.

The city attempted to strike a deal for high-speed internet with Axia, but it fell through April 2017. Another deal with Metronet fell through in October 2018.

If successful, the company would receive $14.4 million in tax rebates over 25 years.