By Sam Aselstine
City Council on Monday night voted unanimously to hire a new company to run financially struggling FiberNet Monticello.
In Monday’s 6-0 vote, Cleveland Heights, Ohio-based Gigabit Squared was awarded a contract for operating the municipally owned FiberNet. A move became necessary after Hiawatha Broadband Communications, the group that managed FiberNet since its inception in 2010, informed city officials last month of its desire to dissolve their partnership. In fact, HBC decided to exercise its right as per its contract with the city to give a 90-day notice rather than finish the contract, which runs through the end of the year.
FiberNet offers high-speed Internet service bundled with cable TV and telephone service and competes against a pair of private companies in the Monticello market.
Gigabit Squared describes itself on its Internet site as a company that along with its partners has designed