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story category Pittsburgh BPL Firm Nets $25 Million
Kuwaiti investors see third pipe promise
(old news - 10:50AM Monday Sep 25 2006)
tags: business · BPL
Pittsburgh-based broadband over powerline provider BPL Global has received $25 million in equity investments, largely from a consortium of Kuwaiti-based companies. In the summer of 2005, the company launched a BPL trial in the Pittsburgh suburb of Monroeville under the auspices of Duquesne Broadband. Despite ample press coverage BPL is having a hard time getting any real traction in the residential broadband market - providers promising that each new year will be the one to bring the technology into the mainstream.

Related:
  1. DirecTV Unveils BPL Plans
  2. NATO Group Releases Report on BPL
  3. 2008 Will Be The Year of Powerline Broadband
  4. Tasmanian BPL Trial Scrapped
  5. BPL is Back with a New Face
  6. Princeton IL Completes BPL Network
  7. DirecTV, Current Offer Broadband Over Powerline
  8. BPL: Only 4,776 Subscribers
Forums » Pittsburgh BPL Firm Nets $25 Million
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Transmaster
Onward Through The Fog

join:2001-06-20
Cheyenne, WY

More money

poured down the drain. Will this turd never go away.
permalink · 2006-09-25 10:12:52 · Reply to this

TK Junk Mail
Go ahead, make my day
Premium
join:2002-03-03
Margate City, NJ
clubs:
·Comcast

Re: More money

said by Transmaster See Profile :

poured down the drain. Will this turd never go away.
Maybe the Kuwaiti companies needed to record a loss on the books for tax purposes?
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permalink · 2006-09-25 10:16:16 · Print · Reply to this
Kearnstd
Elf Wizard

join:2002-01-22
Mullica Hill, NJ

Re: More money

said by TK Junk Mail See Profile :

said by Transmaster See Profile :

poured down the drain. Will this turd never go away.
Maybe the Kuwaiti companies needed to record a loss on the books for tax purposes?
they have to have some loss, but whats a few hundred million from their trillions.
--
[65 Arcanist]Filan(High Elf) Zone: Broadband Reports
permalink · 2006-09-25 10:18:11 · Print · Reply to this
hurfy

join:2002-08-06
Spokane, WA		 Isn't 25 million from a group of Kuwaiti companies kinda like us giving the begger a buck?

Maybe they wanted the BPL guys to go away and play quietly
permalink · 2006-09-25 14:14:59 · Reply to this

CoxCable4
banned from most servers for cheating

join:2002-10-02
PwnZone		 nah, this one is easy. kuwait makes oil. oil makes electricity. electricity runs along power lines.

the electric company will buy only kuwaiti exported petroleum to be converted into electricity as part of the investment agreement.
permalink · 2006-09-25 16:40:43 · Reply to this

Raptor
Not a Dumptruck

join:2001-10-21
London, ON
·Rogers Hi-Speed
·Bell Sympatico

 Who cares, it's nice to see our money coming back this way for a change. Perhaps this is the start of an oil-for-broadband campaign.

You have to wonder the Kuwaities thought this one through...'we have billions of dollars, lets go to America and invest in some unproven broadband technology"

Perhaps the ventilation system in their boardroom has failed and the oil fumes are piling up?
--
....where's my fiber?
permalink · 2006-09-25 12:34:56 · Reply to this

91439306
15,000 Watts of Bass Power

join:2002-10-16
New Milford, CT

 Hearing of things like this irritates me, because, in 1982, I was promoting a product that would have revolutionized the broadcast industry and had turned to Middle Eastern investors, after finding American lawyers to be too afraid of new technology, for capital to get the concept realized. At the time, Adnan Khashoggi was one of the richest men in the world, and I approached him with my invention ideas. He wasn't interested.
Now these yaks are investing in a doomed technology. What a testimony to foolishness.
--
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Mark & Mary Ann Weiss



My Kurzweil Music at: '»www.dv-clips.com/theater.htm

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permalink · 2006-09-26 00:47:05 · Print · Reply to this
lithicus0

join:2006-06-30
Chesapeake, VA

Spotty

I really cannot blame anyone for not wanting to try this out. I have seen no test results as to if it works or not. All i have seen is that "it could work" and them asking for more money. Don't get me wrong, I would love more competition, but I honestly don't feel electricity and gas pipes go hand and hand with each other. Besides, natural gas companies here in virginia make a killing already and I don't want to feed their coffers.
permalink · 2006-09-25 10:18:30 · Reply to this

en102
Canadian, eh?

join:2001-01-26
Valencia, CA
·RoadRunner Cable
·DSL EXTREME
·DSL EXTREME

Re: Spotty

I don't see BPL as that 'bad' of a thing as a last mile provider. I use Netgear's Homeplug device at home, and it works wonders over all of the Wifi devices out there, even those offering higher data rates. My 108 Mbps Netgear (put in a high place) will give me 2-11Mbps in the back yard, while Netgear XE104 (max 85 Mbps) will give me over 60Mbps, and the wiring has to cross the house and back before it gets to the back yard.
permalink · 2006-09-25 11:31:28 · Reply to this
magnus205

join:2001-07-11
Pittsburgh, PA

Re: Spotty

I don't know if any of you commenting on this live in rural Colorado or Oregon or anything like that, but being within 3000' or whatever of the phone company is a little ridiculous at that point. What else do rural Americans have if not power lines going to their houses?

Satellite isn't an option because it is so hideously asynchronous as to make it laughable. If it works, we'll all live in BFE!
permalink · 2006-09-27 15:57:40 · Reply to this
pcnetworx1

join:2005-09-21
Bethel Park, PA

LoL

If it becomes available to me, since Im right near Monroeville, and their site says they are spreading into Alleghany County, I will try it at least a full month to finally put the issue of "BPL sucks because of XYZ" to th test.
permalink · 2006-09-25 16:05:22 · Reply to this
Forums » Pittsburgh BPL Firm Nets $25 Million

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