A feasibility study indicates a proposed fiber optic network for Lafayette and West Lafayette would be profitable.
That’s according to Metronet officials, who say in order for the project to move forward the company must finalize the establishment of Tax Increment Financing districts.
Spokesperson Steve Biggerstaff says that will enable Metronet to secure bonds for startup costs.
He says the goal is to start serving customers in February.
Biggerstaff says a similar review is still being conducted in unincorporated parts of Tippecanoe County.
He says the $40-million project will bring jobs to the area, both to construct the network and at a customer service outlet.
Biggerstaff says Metronet hopes to hire as many local people as possible.