Utah is in a good position (well, better than some other states) to make this happen. Most of the fiber routes across the Western U.S. meet in Utah. We are also central to the Western U.S., so a lot of the surrounding states are served by telecommunications services that pass through or originate in Utah. This is also (that I'm aware of) the only state-backed project of its kind, which provides a high level of financial security, neutrality and long-term focus.
UEN is actively pursuing the establishment of a national exchange in Utah. Our sponsorship of and participation with CommIX has united local and regional networks in a common interest for better connectivity. The CommIX model we are developing with Utah municipal networks furthers that local momentum. The national peering we began late last year expands our influence to a national level and begins directing national attention towards Utah.
I just learned about the project and am very interested.