Fiber Is Just
The Gateway

No—and this is one of the most important features of the 63-20 structure. The bonds are issued by a newly formed nonprofit corporation, not by your municipality. They are revenue bonds secured entirely by network revenues, not by municipal credit, general obligation, or property taxes. Your community's bond rating is unaffected, and there is no pledge of public funds. The municipality serves as a governmental sponsor to confer tax-exempt status—nothing more.

Because bonds are revenue-backed, bondholders bear the financial risk—not the community. However, we design against this scenario from the start: every project is supported by a comprehensive Roland Berger market study that models demand and take-rate assumptions conservatively. Our hybrid fiber/FWA deployment strategy reduces capital costs significantly, and our multi-revenue model (broadband, cellular, smart city, Chamber Advantage) provides diversified income streams that make the financial case more robust than single-service ISPs.

Typically 18 to 24 months from initial engagement to groundbreaking. This includes a pre-development phase (feasibility, market study, network survey, legal structure, financial modeling), bond structuring and issuance, permitting, and procurement. It sounds long, but it is considerably faster than most municipal infrastructure projects of this scale—and communities can begin receiving fixed wireless service well before the full fiber build-out is complete.

No. Pivot-Tech operates the network under a long-term management agreement, but the nonprofit board governs all major decisions—including rates, expansions, and debt. The board is composed of 80% community members and 20% Pivot-Tech representatives, ensuring community control throughout the bond term. Upon bond retirement (approximately 30 years), full asset ownership transfers to the community outright. The network is, and always has been, yours.

Municipal utilities and co-ops require communities to take on operational responsibility directly—hiring staff, managing vendors, and absorbing risk. The Pivot-Tech P3 model gives you the best of both worlds: public ownership and governance with private-sector operational expertise. You get professional network management, a proven technology stack, established partner relationships (Aecon, Ciena, Roland Berger, Graybar), and the financial structure of tax-exempt bonds—without any municipality needing to become a telecom operator overnight.

Primarily a willingness to serve as the governmental sponsor for the 63-20 nonprofit and to authorize a pre-development agreement. There is no requirement to pledge credit, allocate budget, or hire staff. A modest pre-development investment—typically funded through existing economic development resources or state grants—covers the market study, legal formation, financial modeling, and bond preparation. From there, Pivot-Tech manages the process through to closing and construction.

Yes, with some important context. The 63-20 bond model has economics of scale that generally favor markets of 5,000 service locations or more to support the debt service efficiently. Smaller communities can absolutely participate through regional aggregation—combining with neighboring towns or a county-wide initiative to reach the necessary scale. Our Lewiston, Idaho project is a good example: the Port of Lewiston's existing fiber assets allowed a smaller urban market to anchor a financially sustainable deployment that includes the City of Lewiston and Nez Perce County.

Yes, and our structure is specifically designed to layer grants on top of bond financing. The BEAD program (Broadband Equity, Access and Deployment) allocates over $42 billion nationally for broadband infrastructure. Our Kendall County project combined a $15 million Connect Illinois state grant with $31 million in tax-exempt bonds—with the grant reducing the bond amount and improving debt coverage. We actively assist communities in identifying and pursuing BEAD, USDA ReConnect, and other federal and state programs to reduce total bond requirements.

Not all fixed wireless is created equal. Traditional fixed wireless (think old-generation rural ISP gear) suffers from limited capacity, weather sensitivity, and latency issues. Next-generation FWA platforms like the Tarana G1 and G2 are a fundamentally different technology: they use advanced interference mitigation, spatial multiplexing, and beamforming to deliver up to 750 Mbps with fiber-like reliability. Backhauled over our own fiber infrastructure, the per-gigabyte cost drops to near zero. This is the technology that makes hybrid deployment financially and technically viable—not the gear that gave wireless a bad reputation.

Fiber is the gold standard for permanent infrastructure—virtually unlimited capacity, symmetrical speeds, lowest latency, and a 40+ year lifespan. For dense and suburban areas where construction costs are manageable, fiber-to-the-premises is always the target. But "best" depends on context: in low-density rural areas, the cost to trench fiber to every home can exceed $5,000–$10,000 per location, which breaks the financial model entirely. That is where next-generation fixed wireless bridges the gap—delivering gigabit-class performance today at a fraction of the construction cost, with a clear upgrade path to fiber as the network matures and revenues grow. Our hybrid strategy ensures every subscriber gets excellent service on day one, regardless of which technology reaches their door.