Indiana Governor Eric Holcomb announced the Indiana Finance Authority has “terminated” a 25-year, $260 million agreement with Ohio-based Agile Networks to lease space on state-owned communication towers, reports the Indianapolis Business Journal.
This comes after the deal, which was reported in December by Inside Towers,
received significant pushback from groups like the Indiana Cable
Telecommunications Association and the Indiana Broadband and Technology
Association who opposed the expansiveness of the transaction, which
would have included the state’s fiber infrastructure and public
Holcomb told the Indianapolis Business Journal that he “lean[s] into rebidding this, but want[s] to make sure we get a deal, and a deal just never materialized.” Continue Reading