Comcast Brings Fiber To City That It Sued 7 Years Ago To Stop Fiber Rollout
An anonymous reader writes with the latest update in Comcast's "if you can't beat them, join them" fiber plan. In April 2008, Comcast sued the Chattanooga Electric Power Board (EPB) to prevent it from building a fiber network to serve residents who were getting slow speeds from the incumbent cable provider. Comcast claimed that EPB illegally subsidized the buildout with ratepayer funds, but it quickly lost in court, and EPB built its fiber network and began offering Internet, TV, and phone service. After EPB launched in 2009, incumbents Comcast and AT&T finally started upgrading their services, EPB officials told Ars when we interviewed them in 2013. But not until this year has Comcast had an Internet offering that can match or beat EPB's $70 gigabit service. Comcast announced its 2Gbps fiber-to-the-home service on April 2, launching first in Atlanta, then in cities in Florida and California, and now in Chattanooga, Tennessee.
The first question that comes to mind is:
How long would it have taken comcast and AT&T, if it hadn't been for EPB?
I wish I had a good sig, but all the good ones are copyrighted
This isn't "if you can't beat them, join them", it's "BE A FLAMING ASSHOLE BECAUSE I'M COMCAST". All they need to do is price their offering at $50 or so for a year or two to kill off the municipal service, then they will be able to jack it up to $110 and watch it all burn.
http://en.wikipedia.org/wiki/P...
many morons think markets don't need government regulation. that they "self-regulate"
predatory pricing must be an example of what they are talking about i suppose
intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
This had been approved by the duly elected city council. From what I can see this looks like the voters actually like this. A 25 year bond with a 4.64% increase in rates and in return the city *finally* gets reasonable internet service, I don't see who's being screwed except Comcast.