Meridiam and the City of Bloomington have announced that Meridiam plans to invest more than US$50 million to bring high-speed internet access to Bloomington in the USA.

The company will build and operate an open-access-model fiber network, embodying net neutrality, with a strong emphasis on digital equity. The City of Bloomington will partner in the digital equity components with up to a US$1 million investment. 

Meridiam’s network will offer service of at least 1 Gigabit per second symmetrical speed (equal upload and download).