Arctaris Annual Impact Report: Financial Innovation. Community Impact.

Overview

Arctaris Broadband Company, LLC (“ABC”) is a Qualified Opportunity Zone Business, which owns and operates fiber broadband infrastructure in underserved communities through partnerships with internet service providers (ISPs). ABC is currently constructing networks in Colorado and Maine in partnership with local government agencies, ISPs, and foundations, and has a robust pipeline of future opportunities across the nation.

Impact Thesis

Arctaris formed ABC to help bridge the digital divide by making investments in state-of-the-art broadband networks that can deliver future-proof services in underserved urban and rural Opportunity Zone communities. The ABC-owned fiber networks have a useful life that is greater than 20 years and require less ongoing maintenance than traditional copper plant or wireless facilities, which means that ABC’s networks are positioned to provide affordable and high-speed internet to these underserved communities for decades to come.

Website
Status Active
Year 2020
Location Maine, CO

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