May 24, 2017 Washington, DC Many municipalities have already built municipal-owned fiber networks, and others continue to consider building them. A stream of media reports point to Chattanooga and other cities as success stories. However, little empirical analysis of their financial performance is available. Penn Wharton PPI and the Center for Technology, Innovation and Competition will release a comprehensive analysis of the financial performance of municipal-owned fiber networks and bring together experts to discuss it, with the aim of providing citizens and decision makers with a toolkit for assessing the financial viability of such networks. University of Pennsylvania Professor Christopher Yoo opens with a presentation of the results of his empirical analysis of the financial performance of municipal-owned fiber networks across the United States. The Honorable Edward G. Rendell, former Governor of Pennsylvania and Mayor of Philadelphia, follows with keynote remarks. Douglas Holtz-Eakin, President of the American Action Forum and the former head of the Congressional Budget Office, and Frank Louthan, Managing Director - Equity Research, Raymond James, and a leading Wall Street telecommunications analyst, provide perspectives. PRESENTATION Christopher S. Yoo, John H. Chestnut Professor of Law, Communication, and Computer & Information Science; Founding Director, Center for Technology, Innovation and Competition; University of Pennsylvania Law School KEYNOTE ADDRESS The Honorable Edward Rendell, former Mayor of Philadelphia and former Governor of Pennsylvania PANELISTS Douglas Holtz-Eakin, President, American Action Forum; former Chief Economist, Council of Economic Advisors; and former Director, Congressional Budget Office Frank Louthan, Managing Director - Equity Research, Raymond James, and a leading Wall Street telecommunications analyst The Honorable Edward Rendell, former Mayor of Philadelphia and former Governor of Pennsylvania MODERATOR Christopher S. Yoo, John H. Chestnut Professor of Law, Communication, and Computer & Information Science; Founding Director, Center for Technology, Innovation and Competition; University of Pennsylvania Law School