Brookfield-backed Intrepid to wire 50,000 Corona and Riverside premises on an open-access model

Intrepid Fiber Networks, a Broomfield, Colorado company founded in 2021 and backed by Brookfield Asset Management, has begun building fiber-to-the-premises infrastructure across Corona and Riverside, with service slated to come online by the end of 2026. The company puts the reach at more than 50,000 homes and businesses. It's Intrepid's first IE deployment and its second in California, after San Marcos and Vista in San Diego County earlier this year.

The model is the part that matters for operators. Intrepid builds and owns the fiber but doesn't sell internet service directly; it runs an open-access network that multiple retail ISPs sell over. Corona Mayor Jacque Casillas described the draw in those terms — a single network that invites competing providers, which she framed as more options and fairer pricing for local businesses. For a region where the company itself argues broadband has lagged growth, the competitive structure is the differentiator from a conventional single-carrier build.

Two things aren't yet public. Intrepid hasn't disclosed which neighborhoods or commercial corridors get lit first, so no operator can assume a specific address is covered, and it hasn't disclosed the project's cost. The Brookfield backing and the company's existing California build are the signals that this funds and finishes; the footprint detail is the open question.