other material
confidence high
sentiment positive
materiality 0.60
Ting Internet becomes anchor tenant on Colorado Springs city-wide fiber network; expects >200k addresses
TUCOWS INC /PA/
- 25-year lease signed Dec 17, 2021, for fiber-to-the-home network with Colorado Springs Utilities.
- Construction by CSU starts Q3 2022; service expected to launch in 2023.
- Network to surpass 200,000 addresses across Colorado Springs, largest Ting market to date.
- Tucows provides full parent guaranty for all of Ting's obligations under the lease.
- Ting to establish local presence, hire team, and connect enterprises and residents.