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Small Town Builds Its Own Gigabyte Network; Cost To Citizens $57/month
An anonymous reader writes "On Thursday, the board of O-Net gave approval for residents to get access to [full gigabit bandwidth] for the same price that they currently pay for a guaranteed download speed of 100 megabits per second — $57 to $90 a month, depending on whether they have bundled their internet with TV and phone service. ... the town realized that it couldn't attract technology-based businesses and that bandwidth was a challenge even to ordinary businesses. It came up with a plan — it would install a fibre network throughout the town that would connect to the larger inter-community network being built by the government at that time — the Alberta Supernet."
Canada.. figures.... Do that in the states and get sued into bankruptcy.
“He’s not deformed, he’s just drunk!”
No, it's because the three major providers in the U.S. sue the municipality for trying to offer what the provider refuses to do, and at a similar if not lower price. The companies claim they can't compete against the government entity.
It's like the batshit crazy ex who doesn't want to be with you but also doesn't want anyone else being with you.
Either way, you're screwed.
We will bankrupt ourselves in the vain search for absolute security. -- Dwight D. Eisenhower
The boondoggle that keeps picking your pocket, on the premise that if more people are inserted as middle-men, the cost of service will go down.
"Competition in the market" is true for goods produced through labour. It does not account for structural differences in the sale of services and delivery, or in extractive "rent seeking".
"Flyin' in just a sweet place,
Never been known to fail..."