The Monitor offers a quote from a former Obama administration official, Susan Crawford, who claims that “a limited number of Americans have access to it (high-speed internet access), many can’t afford it, and the country has handed control of it over to Comcast and a few other companies.”
Here in New England, we can see firsthand the disasters that can befall municipalities that leap into broadband markets. In 2005, the city of Burlington, Vt., began offering municipal broadband to residents and businesses, an effort that was projected to at least break even on its investment.
What they don’t tell you is that Chattanooga received $110 million from the American Recovery and Reinvestment Act to subsidize the overbuild and that the project is over $200 million in debt.
May 15, 2014