Memphis Launches Pioneering Fiber Broadband Infrastructure Project

In a step toward transforming Memphis (TN) into the nation's most digitally-equitable large city, Mayor Paul Young (D) broke ground on Memphis' first citywide fiber network. Memphis' median fixed broadband speeds currently rank among the slowest of any major US cities and less than 25 percent of residents have access to superior fiber internet. The citywide infrastructure being designed, built, financed, and managed by Blue Suede Networks, is being designed to pass 85 percent of Memphis' business and residential premises, including 85 percent in low-income communities. Memphis based Blue Suede Networks is responsible for delivering the network infrastructure, leveraging its technical and operational expertise as well as its financial resources and investment from Meridiam. Blue Suede Networks is owned and financed by Meridiam, a leading infrastructure developer, investor, and manager.