Companies plan fiber-optic cable to Kodiak

Posted: Sunday, May 18, 2003

KODIAK (AP) A fiber-optic line connecting Kodiak to the mainland could be in places as soon as next fall if two companies can obtain financing for the $25 million project.

Kodiak Kenai Cable Co. LLC and Pirelli, a worldwide cable production and installation company also known for tire manufacturing, sent representatives to Kodiak this week to explain the project.

The fiber optic telecommunications backbone would stretch from Anchorage along the Kenai Peninsula to Kodiak Island, according to the four-page executive summary. It would have landing points in Anchorage, Kenai, Homer and Kodiak, serving a population base of about 60,000.

The company plans to sell space on the cable to telecommunications companies ACS, AT&T and GCI.

Company representatives say they've been talking with various state and federal agencies about financing the project along with equity investors. A financing plan would need to be in place by October for the cable to be installed next summer.

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