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Presentation on Connexion as our Broadband provider by Kathryn Freshley on 3-18-10
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K. Freshley 1
Broadband Presentation to
“Residents Voice”on Thursday Mar 18, 2010
Kathryn FreshleyThird Mutual Treasurer
3/18/2010
K. Freshley 2
Capital Infrastructure LLCdba
Connexion Technologies
“Why I Supported the
Leasing Agreement”
3/18/2010
K. Freshley 3
“Why I Supported the Leasing Agreement”
• History:– First heard about it in October– I was initially doubtful– I could not understand the business
proposition– Why would someone pay us to operate our
cable system?– How would they make money on the deal?– What is their strategy?
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K. Freshley 4
• As I investigated the proposal– Understood their business model
• Concentrator of services to local private communities
• Provide the vehicle to reach the users• Contract with service providers to distribute their
services, Connexions growth:– Local and Long Distance Telephone Service– Data Services– Special TV Services– Security– Health Monitoring
“Why I Supported the Leasing Agreement”
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K. Freshley 5
• Risk, What If?– Financial model fails– Fail to meet performance requirements– Hardware upgrades not completed as
specified– Additional programming requirements not
achieved as scheduled• Scheduled review after 3 years• Provision for cancellation for non-
performance
“Why I Supported the Leasing Agreement”
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K. Freshley 6
• Our Protection -- “just in case”– We still own the cable system, the front end
equipment, etc.– All upgrades belong to us, GRF– All programming contracts will be in GRF’s name,
GRF continues the option to change channel line-up– We still have the TV station, Ad Insertion Revenue– The personnel transferred to Connexion are still
operating in LWV, could be transferred back
• Therefore, we could resume control and operation with no interruption of TV service
“Why I Supported the Leasing Agreement”
3/18/2010
K. Freshley 7
Notice:This page was deleted from the
original presentation at the request of Connexion who
considered the information to be confidential.
3/18/2010
K. Freshley 8
Notice:This page was deleted from the
original presentation at the request of Connexion who
considered the information to be confidential.
3/18/2010
