The latest on fiber broadband project
A near-billion dollar fiber optic network is one step closer to becoming a reality for Memphis. On Wednesday, the Economic Development Growth Engine for Memphis and Shelby County (EDGE) approved a 15-year payment-in-lieu-of-taxes (PILOT) for a 3,400-mile fiber optic network. The total project investment cost is worth $829,160,561. “[This project] is designed to ensure that …