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Broadband And Economic Growth The Value Of FTTH To Place Michael Render September , 2015

Broadband And Economic Growth The Value Of FTTH To Place Michael Render September, 2015

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Page 1: Broadband And Economic Growth The Value Of FTTH To Place Michael Render September, 2015

Broadband And Economic Growth

The Value Of FTTH

To Place

Michael Render

September , 2015

Page 2: Broadband And Economic Growth The Value Of FTTH To Place Michael Render September, 2015

Broadband And Economic Growth

350 Provider/ Vendor/ Expert Interviews

2,150 ConsumerInterviews

Research Methodology Methodology

Review Of OutsideMarket Research

Page 3: Broadband And Economic Growth The Value Of FTTH To Place Michael Render September, 2015

Broadband And Economic Growth

FTTH Changes TheDesirability Of Place

Page 4: Broadband And Economic Growth The Value Of FTTH To Place Michael Render September, 2015

Broadband And Economic Growth

Availability of skilled labor

Labor costs

Occupancy or construction costs

Available buildings

Low crime rate

Low union profile

State and local incentives

Proximity to major markets

Environmental regulations

Housing availability

Availability of long-term financing

Inbound/outbound shipping costs

Colleges and universities in area

0% 20% 40% 60% 80% 100%

92%92%

91%85%85%

81%81%81%80%

78%77%77%77%

75%74%

72%71%71%71%

70%69%68%67%

61%61%

FTTH Is Important To Relocating To A CommunityAverage of 2012/2013 Surveys: Area Development Magazine

Top 25 of 36 factors shownSurveys of Business Executives

Page 5: Broadband And Economic Growth The Value Of FTTH To Place Michael Render September, 2015

Broadband And Economic Growth

Safe streetsVery high speed Internet access

Affordable housing optionsGreenspace/ walking, jogging, biking

Mix of housing choicesReasonable commuting time

Vibrant entertainment and cultureAffordable, convenient transportation

Shops and restaurants walking distanceEmployment opportunities

Great school systemRiver front w/ recreation, restaurants

Professional, college sports teams

0% 20% 40% 60% 80% 100%

97%

89%

89%

84%

80%

80%

77%

73%

71%

71%

57%

53%

32%

5

FTTH Is Important To Living In A CommunityRVA LLC Survey – 2015

Page 6: Broadband And Economic Growth The Value Of FTTH To Place Michael Render September, 2015

Broadband And Economic Growth

Correlation: City Index Vs. % Selecting As Place To Live

Austin

Tulsa

Albuquerque

Memphis

IndianapolisKansas City

OmahaOklahoma City

Interest in moving to city: job available RVA: From survey

City IndexFamiliarity RVA: Survey - ever visited for over 24 hours Safe Streets Wikipedia: Violent crime rateAffordable housing options National Association Of RealtorsVery high speed Internet access RVA: Have active Gigabit offeringGreenspace/ walking, jogging, biking Walking, Biking, Park scoresCommute time US census BureauVibrant/ youth culture Yelp: Coffee houses / Micro brew per 1000Mass transit rank National transit database per capitaEmployment/Tech rank Tech rank / employment rankProfessional sports Web search: Number of teams

Page 7: Broadband And Economic Growth The Value Of FTTH To Place Michael Render September, 2015

Broadband And Economic Growth

Fast Internet/ Broadband

Washer/ dryer in unit

Cable television

Balcony or patio

Security monitoring complex

Covered parking

Alarm system in unit

Workout facilities

Outdoor recreational

Pool

Fireplace

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

81%

73%

63%

62%

58%

51%

37%

32%

31%

29%

13%

Advanced Broadband Is Important In A HomeMDU Amenities Somewhat Or Very Important – RVA Survey

2014

A 2014 study by the National Multifamily Housing Council alsoplaces broadband as the number one amenity for MDUs.

Page 8: Broadband And Economic Growth The Value Of FTTH To Place Michael Render September, 2015

Broadband And Economic Growth

FTTH Changes TheEconomics Of Place

Page 9: Broadband And Economic Growth The Value Of FTTH To Place Michael Render September, 2015

Broadband And Economic Growth

FTTH Changes Community Economic Revenues and Costs

• Increased revenue home based bus: $0.54 million per 1,000 FTTH passings.

• Increased revenue from new jobs: Up to $1.1 million per 1,000 FTTH passings.

• Reduced costs: 1.8% reduction in total vehicle traffic

1.1% reduction in ozone/ CO2

Page 10: Broadband And Economic Growth The Value Of FTTH To Place Michael Render September, 2015

Broadband And Economic Growth

The Value Of FTTH

To Place

Michael Render

September , 2015