NETWORK SECURITIZATION

• US 20070019961A1
• Filed: 07/19/2006
• Published: 01/25/2007
• Est. Priority Date: 07/22/2005
• Status: Abandoned Application

• Current Assignee: John J. Pembroke
• Original Assignee: John J. Pembroke
• Inventors: Pembroke, John
• Application Number:
  US11/458,593
• Publication Number:
  US 20070019961A1
• Time in Patent Office: Days
• US Class Current: 398/128
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: H04B 10/85 Protection from unauthorised access, e.g. eavesdrop protection

Abstract

Methods and systems are provided of securitizing a network, such as a fiber network and/or a high-speed wireless network to a group of homes. An identification of real property for one of the homes is received. A total loan value is calculated for the real property that includes a network access charge representing a unit cost for establishing a network connection from the real property to a network operations center to access telecommunications services and includes an activation cost for activating the network connection. A loan secured by the real property for the total loan value is initiated.

Claims

1. A method of securitizing a network to a group of homes, the method comprising:

receiving, at a host system, an identification of real property for one of the homes;

calculating, with the host system, a total loan value for the real property that includes a network access charge representing a unit cost for establishing a network connection from the real property to a network operations center to access telecommunications services and includes an activation cost for activating the network connection; and

initiating, with the host system, a loan secured by the real property for the total loan value.

2. The method recited in claim 1 further comprising initiating issuance of an investment coupon to an investor to generate funds to finance costs for establishing the network connection.

3. The method recited in claim 2 wherein the investment coupon includes an undivided interest in the network.

4. The method recited in claim 2 wherein the investment coupon is issued according to a first-in-first-out formula.

5. The method recited in claim 2 wherein the investment coupon is issued for a cost approximately equal to the unit cost.

6. The method recited in claim 2 further comprising initiating redemption of the investment coupon.

7. The method recited in claim 6 wherein redemption of the investment coupon is initiated in response to closing the loan.

8. The method recited in claim 1 wherein the unit cost comprises a cost for establishing a network connection from the real property to a local distribution center and a cost for establishing a network connection from the local distribution center to the network operations center.

9. The method recited in claim 1 wherein the telecommunications services comprise at least one of voice, video, data, and home-security services.

10. The method recited in claim 1 wherein the network comprises a fiber network and the network connection comprises a fiber network connection.

11. The method recited in claim 1 wherein the network comprises a high-speed wireless network and the network connection comprises a high-speed wireless connection.

12. A method of securitizing a network to a group of homes, the method comprising:

initiating, with a host system, issuance of a plurality of investment coupons to investors to generate funds to finance costs for establishing the network,

wherein each of the investment coupons includes an undivided interest in the network.

13. The method recited in claim 12 wherein the investment coupons are issued according to a first-in-first-out formula.

14. The method recited in claim 12 further comprising initiating redemption of at least one of the investment coupons.

15. The method recited in claim 14 wherein redemption of the at least one of the investment coupons is initiated in response to closing a loan for purchase of one of the homes.

16. The method recited in claim 12 wherein the network comprises a fiber network and the network connection comprises a fiber network connection.

17. The method recited in claim 12 wherein the network comprises a high-speed wireless network and the network connection comprises a high-speed wireless network connection.