vTel Deploying Gigabit Internet In Vermont At $35/Month
symbolset writes "Up to 17,500 rural Vermont subscribers of vTel, a legacy copper telephone company, stand to get gigabit fiber to the home. Funded by a $95 million U.S. grant and $55 million in coinvestment from a utility for smart meters, the 1,200 mile fiber network will cost $8,500 per home — if every subscriber takes the gigabit Internet. Currently the company is doing its best to convince people this is a product they need, but have seen only 600 takers so far. The federal grant is part of $7.2 billion in broadband stimulus funds that seem to have accomplished very little."
Seriously, how many of us really need this level of blinding internet speed? A lot of us may say we want it, but when it comes to paying for it, that's another matter. It's certainly not a basic right, and not something the government should pay for in whole or part.