Telco Sues Municipality For Laying Their Own Fiber

unreceivedpacket writes "Ars Technica reports that a company called TDS Telecom is attempting to sue the town of Monticello, Minnesota for deploying their own fiber network. Shortly after the town voted to lay the fiber, TDS Telecom filed suit and notified the town that they would be deploying their own fiber network. The telco has recently responded to Ars Technica, saying they only sued to save Monticello from itself, apparently feeling that the municipality is unprepared for the onerous costs of maintaining such a network, and would lack the expertise to do so."

Comments

Down with 'em

[ohxten]

Down with the telco!

Typo

[phorm]

Copper is also several orders of magnitude lighter (weight wise) than copper and a lot less bulky.

I assume you meant to say that fiber lighter than copper?

Re:what?

[megamerican]

It IS unfair competition because Monticello is run as a corporation just like every other city in the United States. Don't believe me?

Well here is their Comprehensive Annual Financial Report (CAFR). Just like the Annual Financial Report that public corporations must give their stockholders. The city of Monticello has $37.8 Million in cash assets alone! That means they are probably funding that $25 million bond with the taxpayers own money, at interest of course. Talk about sheering the sheep!

Now you know why the Soviet Union became a democracy. Their's more money in it!

Simply google CAFR and any city/state/county/school district to see the money they keep off the budgets.

Good day sir!