Does greater WiFi choice have unintended consequences?
Competition drives us to innovate. It teaches us what is possible and propels us to dream bigger and work harder. At Homebase, we celebrate competition as an illuminating force. The FCC recently banned the ability for apartment community owners to enter into an exclusive revenue-sharing agreement with an internet service provider (ISP). Aiming to increase options for residents, the change has left many in the multifamily housing industry wondering “What now?”
How will the new FCC bans transform our industry?
Wiring a building for WiFi installation is a significant cost. Traditionally, exclusive agreements with properties granted ISPs and property owners security that made those costs easier to spread over time. Who will bear these upfront costs in the evolving marketplace?
While we hope that these new rules will increase options for residents, they could create chaos for owners required to underwrite the cost of networks. That’s where Homebase comes in.
Taking back ownership of your own WiFi network is the solution. Managed by Homebase, property managers can have the assurance that their residents will stay connected through always-on WiFi and stay competitive with adjustable speed & pricing tiers, all while generating a new revenue stream. Residents demand connection. Why share their wallets with a third party when you could provide internet of your own? Hello new revenue and increased NOI, welcome to the future of living.
Learn more about Homebase Community WiFi.
Homebase brings the smart apartment experience to new build and retrofit multifamily with trusted technology that delivers intuitive building access control with smart locks, automation of property management, new revenue with property-wide WiFi, and IoT technology amenities residents enjoy. All completely installed and managed for the multifamily innovation leaders of this decade.