dslreports logo
site
 
    All Forums Hot Topics Gallery
spc

spacer




how-to block ads


Search Topic:
uniqs
9
share rss forum feed
« Seattle Did Ithrm »
This is a sub-selection from Comcap and AT&Trash


keithps
Premium
join:2002-06-26
Soddy Daisy, TN
Reviews:
·EPB Fiber Optics
reply to 25139889

Re: Comcap and AT&Trash

According to EPB's last financial report: »www.epb.net/flash/annual-reports···port.pdf

It looks, best I can tell, that the fiber business is already profitable for them.
--
RIP Dad (10-28-1955 to 4-10-2010)



battleop

join:2005-09-28
00000

That's not the complete picture. It's easy to make your financials look good when you can bury costs in the power side of the house.


25139889

join:2011-10-25
Toledo, OH
reply to keithps

the FTTH network can NOT be profitable nor can the city. IRS Law.


cramer
Premium
join:2007-04-10
Raleigh, NC
kudos:8

said by 25139889:

the FTTH network can NOT be profitable nor can the city.

It's not "profit", it's a "reserve fund". There are several government ventures that actually make money (shocking, and rare) -- however, on the whole, they tend to spend money faster than it can be printed.

Case in point... NC wants to up the sales tax to "fund education." Wasn't that the reason given for the cluster f*** known as the NC State lottery? Where's all the billions the lottery was supposed to generate "to fund education"?