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ComEd Partners with QUILT to Bridge the Digital Divide on Chicago’s South and West Sides
Aug 29, 2024•almost 2 years ago
Contract Type
partnership
Description
ComEd announced a partnership with QUILT, a nonprofit organization supporting disadvantaged communities in Illinois, to license reserve fiber optics in order to provide affordable high-speed broadband service on Chicago’s South and West Sides. This partnership is supported by a $14.6 million grant awarded to ComEd by the Bipartisan Infrastructure Law and the U.S. Department of Commerce.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months