EDGE approves 15-year incentive for massive high-speed internet project
The Economic Development Growth Engine for Memphis and Shelby County (EDGE) approved the 15-year PILOT incentive for Blue Suede Networks to install fiber internet across 85% of Memphis, including low-income areas, over five years with 75% abatement of personal property taxes on Wednesday, Feb. 21. (Sophia Surrett/The Daily Memphian)
With Memphis’ internet speeds among the slowest among major cities, EDGE officials say this project is an opportunity for growth.
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Blue Suede Networks EDGE PILOTSophia Surrett
Sophia Surrett is a recent University of Alabama graduate, where she received her B.A. in news media and M.A. in journalism and media studies. She covers restaurants, residential real estate, and hospitality and tourism.
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