Software company OSIsoft has been in San Leandro, Calif., for more than 30 years, but Pat Kennedy, OSIsoft’s founder, worried that unless the company could connect to the Internet at faster speeds, it might have to move to a higher-tech city. About two years ago, Kennedy, a San Leandro resident, had an interesting proposal for the city: if he received permission to use San Leandro’s underground pipes, Kennedy promised to invest $3 million to build a fiber-optic loop that would ...

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