 wifi4milezBig Russ, 1918 to 2008. Rest in Peace join:2004-08-07 New York, NY | reply to RadioDoc
Re: Can they sustain it said by RadioDoc:Profit is what is left over once you cover your costs. What makes this work is not needing to sustain a stock price, quarterly dividends or a high return on investment. When you can concentrate on the long term rather than the next quarter (or for some companies, next week) and have the local government-owned utility subsidizing the construction through bonds it's not terribly difficult to make ends meet. Now, if they can just keep their fingers out of the cookie jar. This is Louisiana, after all... Only time will tell. We all saw how successful UTOPIA was..... -- Комитет государственной безопасности
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 JBear join:2005-02-24 canada | UTOPIA?
"Created by a collaboration of cities in Utah, UTOPIA stands for Utah Telecommunication Open Infrastructure Agency. This open fiber network links multiple cities and fosters competition among communication service providers who offer Internet, television, telephone and other services, giving customers the freedom to choose their own service providers, the best prices, and absolutely the best service."
Was it successful? I am really hoping it is because it seems like such a great idea. |
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 wifi4milezBig Russ, 1918 to 2008. Rest in Peace join:2004-08-07 New York, NY | said by JBear:Was it successful? I am really hoping it is because it seems like such a great idea. It failed big time and the taxpayers took it on the chin. |
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 | reply to JBear They have successful deployments but their financial picture isn't as good as they originally estimated. Cities may end up having to pay debt service on the bond payments where in the beginning they were hoping the network could pay for itself. Part of the problem was the bureaucracy of the federal RDA funding, another part was the dirty tactics of Qwest and Comcast and lawsuits trying to hold it up, another part is incumbent telcom lobbyists that keep pushing laws in the state to hamper the network, and finally, it was managed well from the start. It's not a failure yet--many cities have 30/30 connections up and running for about 50,000 businesses and residents, but this is still short of the goal of over 100k and it is over-budget. Still, there are signs that it has helped the economic development in those cities and even though cities may end up paying debt service, I don't think you can say it's a total loss, unless you are a competing wireless company or incumbent who is eager to write the whole thing off as nothing but a failure. More info at a great website, www.freeutopia.org |
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 batageekSlave To The DuopolyPremium join:2003-01-25 | reply to wifi4milez With LUS, the city can offer the service directly. UTOPIA forced the cities to be wholesalers of fiber. -- »www.tricitybroadband.com |
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 wifi4milezBig Russ, 1918 to 2008. Rest in Peace join:2004-08-07 New York, NY | said by batageek:With LUS, the city can offer the service directly. UTOPIA forced the cities to be wholesalers of fiber. Like I said before, I wish them the best of luck and lets see what happens. -- Комитет государственной безопасности
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