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|Articles - May 2014|
|Monday, April 28, 2014|
BY PETER BARNES
A cooperative legacy. Even as the country’s dominant telecom and cable players consolidate their hold on urban markets, customers in the mid-Willamette Valley and central coast can still turn to a local provider to get online. “For some of the larger companies, it’s ‘Are you calling from Portland, Ore., or Portland, Maine?’” says PEAK Internet CEO Rick Petersen. “We know where our people live. A little bit more of a personal relationship — they like that extra support they get from us.” That reputation draws on the legacy of PEAK’s owners, a group of rural utility cooperatives originally created to serve a part of Oregon where larger companies wouldn’t venture. “The lion’s share of our profits really go back into our infrastructure and our network,” says Petersen, who declined to disclose PEAK’s revenues. “It’s not the traditional investor-owned scenario.”
Out of the basement. In the early 1990s, a computer science instructor started PEAK — short for Public Electronic Access to Knowledge — in an Oregon State University basement. Its dial-up service spun off a private company that a corporation formed by local utility cooperatives called Casco acquired in 2002, along with several other small Internet service providers. “Then the numbers started to work,” says Petersen. “We had enough cash flow that we could reinvest in the equipment and the routers and infrastructure we needed.” Today about 10,000 people subscribe to PEAK Internet, while the company and its 45 employees support a similar number of customers on a wholesale basis for other ISPs.
The last mile. Many who connect to PEAK do so through CenturyLink, the country’s third-largest telecom, which provides the so-called “last mile” that poses a persistent threat to smaller providers. “They will make it more difficult for us to do that through contractual or regulatory areas over time,” Petersen says. “That’s a real challenge for the entire industry and other companies like us, to really kind of advocate competition and preserve some of those older legacy agreements.” One workaround is a wireless network PEAK built along the I-5 corridor between Eugene and Albany that residential customers can access with a small dish. While Petersen says he’s comfortable with the prospects for growth within a region that barely registers a blip on the earnings of CenturyLink or Comcast, PEAK remains intent on expanding into overlooked corners of that market. “Like we’ve done a lot, we’re going to focus on the underserved areas where the companies aren’t going to make that investment.”
The path forward. It’s unlikely, for example, that Google will install gigabit Internet in the smaller communities PEAK serves. But the Corvallis-based company recently began expanding its own fiberoptic infrastructure, primarily between Corvallis and Lebanon, while consulting with local economic development organizations to identify the places where that capacity could have the biggest business impact. The company has also found a growing niche in managed IT services for local businesses. About six employees maintain and monitor customers’ networks alongside their own at PEAK’s 24/7 operations center. Looking ahead, Petersen says he sees more collaboration with Consumers Power, one of PEAK’s co-op owners, as smart-grid technologies require additional bandwidth to function. He’s also preparing for PEAK’s customers to outsource more and more of their storage and software needs to the cloud. “There needs to be, essentially, bigger pipes, faster speeds, more service,” he says. “We need to grow. We need to expand our networks, expand our capacity — just like we’ve done when we were founded.”
Monday, November 02, 2015
BY LINDA BAKER
The hollowing out of the American city is now a bona fide cultural meme. Newspapers, magazines and digital media sites are publishing story after story about the morphing of urban grit and diversity into bastions of wealth and commodity culture.
Wednesday, October 28, 2015
BY JACOB PALMER
Molly Rogers believes she has found the solution to excessively syrupy cocktail mixes. She first just needs people to understand her product isn’t foliage.
Friday, October 30, 2015
BY LINDA BAKER
This is a story about a small plastics company in wine country now exporting more than one million feet — 260 miles worth — of tubing to China every month.
Wednesday, November 11, 2015
BY LINDA BAKER
“What we’ve seen traditionally over the past few decades is a reduction of short line railroads. This is a rare opportunity to see a line being opened.”
Wednesday, October 28, 2015
BY DIANE BUISMAN
Many employers have questions about what mandatory sick leave means for their company. Take a look at the top 7 questions Oregon employers are asking.
Tuesday, November 03, 2015
Two trends dominate the manufacturing sector: onshoring and the rise of small-scale production manufacturing, known as the "maker economy."
Wednesday, October 14, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
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Economic diversity has proven a smart strategy for the Port of Hood River. How can other Oregon communities replicate the model?
Phone, Internet needs of small community school districts earn attention of top-five telecom provider.
Farmland LP grows its vision for organic farming in Oregon.
The Salem Convention Center has capped its tenth anniversary year by earning the prestigious “Best of the Best 2015” award from NW Meetings & Events magazine. Selected as the Best Convention/Conference Venue in Oregon by meeting and event planners from Alaska, British Columbia, Idaho, Oregon and Washington, the Salem Convention Center ranked above the Oregon Convention Center and the Portland Art Museum.
The Oregon Cooperative Hall of Fame honors individuals for their outstanding contributions to the successful building and operation of Oregon agricultural cooperatives.
Health insurer reports $10.2 million in net income after taxes through the first nine months of 2015.