Economic Impact
The economic impact of altafiber includes the economic output, jobs, and wages supported in the Cincinnati MSA by the capital and operations expenditures of altafiber. Capital expenditures refer to expenses for construction, installation, equipment, and/or information technology, while operations expenditures represent the day-to-day expenses such as salaries, benefits, and administrative expenses, among other spending categories.
Total Tax Revenue
The fiscal benefits of altafiber represent the earnings and sales tax revenue generated for state and local governments as a result of the expenditures made by altafiber. Between 2018 and 2022, the direct capital and operations expenditures of altafiber and the resulting indirect output created $171.9 million in tax revenue for state and local governments.
Philanthropy & Community Support
Between 2018 and 2022, altafiber provided $32.0 million in philanthropic and sponsorship support to local organizations. altafiber has a commitment to volunteerism, expressed in an Employee Volunteer Program, which encourages employees to participate in volunteer opportunities during the work day. altafiber employees that participated in the Employee Volunteer Program volunteered a total of 43,171 hours during this five-year period.
