UTOPIA Fiber Completes $20M Gigabit-Speed Internet Build in the City of Pleasant Grove, Utah

October 5th, 2023

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Murray, UTAH (October 4, 2023) – UTOPIA Fiber announced today the successful
completion of its fiber-to-the-home build in the City of Pleasant Grove, Utah. The
$20 million project, which commenced construction on August 5, 2021, has now
concluded with the delivery of ultra-high-speed broadband to every residential and
business address in the city.

This milestone marks another significant achievement for UTOPIA Fiber as it adds
Pleasant Grove as its 16th city with the fastest residential and business internet
speeds available in the United States. The first homes were seamlessly connected
to the lit fiber network on May 3, 2022, and the entire project, including 10,944
residential addresses, was completed on July 12, 2023. As of the end of August
2023, UTOPIA already has a 24% subscriber take rate.

“The project’s completion is a testament to our commitment to providing the fastest
internet connectivity to communities across Utah,” said Roger Timmerman,
Executive Director & CEO of UTOPIA Fiber.
“We are proud to have fulfilled our
promise to Pleasant Grove residents, businesses, and students by bringing them
ultra-high-speed and reliable broadband service.”

UTOPIA Fiber’s Open Access model, the largest of its kind in the United States,
empowers multiple private-sector internet service providers (ISPs) to compete,
fostering a net-neutral environment that encourages free-market competition. This
approach leads to enhanced broadband access for residents while promoting
service excellence and affordability.

Guy Fugal, Mayor of Pleasant Grove City, expressed his enthusiasm, saying,
“Today is the day we’ve all been waiting for—no more slow and unreliable internet
service! With UTOPIA Fiber’s completed build, our community now has access to the
high-speed fiber they need with the choices they deserve to better compete in the
digital economy and bridge the digital divide.”

Since 2009, the Pleasant Grove City project—like all other UTOPIA Fiber projects—
has been funded and grown solely through subscriber revenue. The completion of
this project further extends UTOPIA Fiber’s reach, providing residents with access to
speeds up to 10 Gigabits per second (Gbps) and 100 Gbps for businesses, currently
the fastest speeds offered in the United States.

Interested Pleasant Grove residents and businesses can visit UTOPIAfiber.com for more information on how to sign up for UTOPIA Fiber services.