Most countries in the world understand that broadband Internet is critical to becoming a knowledge-based economy, central to fostering substantial economic development and job creation, and strategic to the goals of reducing poverty and boosting shared prosperity. However, making broadband Internet ubiquitous and affordable remains a challenge.
In the global race for increased broadband penetration, public-private partnerships (PPPs) are an ever more useful instrument for implementing fiber optic projects required to carry the growing broadband Internet traffic. Indeed, a number of fiber-optic backbone systems have been developed using PPP structures. The project company lays the fiber-optic cables to link key demand centers and sells access to various telecommunications operators and internet service providers. Where new-build residential or business developments are contemplated, PPP projects can provide the full range of audio, video and telecommunication services from fixed line telephone services to broadband video streaming. Alternatively, the provider of telecommunications services may sell services directly to individual end users.