Colocation on Nonregulated Fixed Assets
Your utility assets could be generating substantial revenue by supporting third party communication infrastructure. Leasing space on streetlights, unregulated utility poles, transmission facilities, communication towers, land parcels and other assets to communications companies improves wireless infrastructure in your service territory, while boosting your bottom line.
Varasset incorporates asset management, work management, custom billing, workflows, notifications and integration functionality to give you complete control of your colocation offering.
While similar to regulated utility pole joint use, colocation on nonregulated fixed assets has greater complexity. Permitting and equipment maintenance require different workflows, timelines and dependencies. GIS integration and security configuration differ by asset type and geographic location, yet your system users need a single, easy-to-use interface.
Asset owners want to make it easy for communication companies to find strategic, available assets by offering siting/coverage maps and query tools. Colocators want speedy, automated permitting, make-ready and build-out services, as colocation equipment maintenance features. Both parties want accurate billing and effective customer support.
Southern Company, one of the largest investor owned utilities in the United States, implemented Varasset to support their colocation business unit. Please click here to learn more about their project, in Southern Company’s own words.