Get breaking news alerts via email

Click here to manage your alerts
Six Utah cities move ahead on UTOPIA deal — for now
Broadband » Controversial utility fee leads five member cities to back away.

< Previous Page

Macquarie began pursuing the UTOPIA deal in 2013. Known primarily for transit projects, Macquarie Capital Group is a subsidiary of Macquarie Group Limited, an Australian investment and management firm with projects in 28 countries and a market capitalization of $14 billion.

The company believes it can deliver a finished UTOPIA network on a set timetable and run it at a profit in a 30-year concession contract with member cities, which would keep ownership of the grid.

Join the Discussion
Post a Comment

Under its public-private partnership model, city governments no longer would manage the network directly, instead setting benchmarks on service that Macquarie would contract to meet.

Under Macquarie’s plan, UTOPIA would remain an open network, with access available on a wholesale basis to private Internet service providers, who could in turn offer retail services such as Web access or video on demand to customers over Macquarie-operated fiber.

Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment

About Reader Comments

Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.