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Forums » Lack of Funds Shuts Down Wireless Oakland » Naysayers on citywide WiFi should be listened to
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KrK
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reply to TKJunkMail
Re: Naysayers on citywide WiFi should be listened to

said by TKJunkMail See Profile :

Those who point out this inevitable FACT at the beginning are called obstructionist; incumbent flacks; naysayers; lacking public spirit; etc. It is just too bad they aren't listened too at the beginning before that $70 million is pissed down the drain.
The 70 million figure is the estimated costs to bring the network to completion, in three phases.

The 70 million hasn't all been spent--- the project has completed phase one only, but then the private investors financing fell through bringing a halt to the continuing build out and Phase 2.

Basically, the project hasn't run into any un-expected cost over-runs or mismanagement--- it's the economic conditions have changed and the private partners were unable to fulfill their end of the deal, halting the network. The project also uses no tax $$$ to pay for it.

As they have said, they are only a few million away from having scaled back but operational network.... But now the whole project is in jeopardy due to the failure of businesses to secure the financing to complete their contractual obligations. This isn't a case of some Government screwing up, if anything, it's an example of private enterprise dropping the ball....
--
"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!)
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