Financing

Content tagged with "Financing"

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AT&T Pushes to Prevent Potential Broadband Competition in South Carolina

In South Carolina (the state TWC Forgot), AT&T is pushing harsher restrictions on any publicly owned broadband system in an attempt to derail one or more broadband stimulus projects. South Carolina already greatly restricts community broadband networks, likely one of the reasons no incumbent there bothers to upgrade in a similar time frame as the rest of the country. This should be seen a significant overreach -- AT&T is trying to shut down County efforts to improve middle mile access -- whereas most preemption tends to heavily restrict community last-mile networks. This is a whole new world of anti-competitive policy to favor AT&T (not dissimilar from what AT&T wants to do in Wisconsin and Fairpoint did in Maine).
The bills would force Oconee County to follow guidelines as a broadband service provider that would likely cripple the county’s current three-year project to construct 245 miles of broadband cable, county administrator Scott Moulder said. ... Oconee County’s goal is to be a so-called “middle mile” provider, Moulder said, essentially providing a network that would allow private broadband providers to extend their service into areas they aren’t serving. In most cases, those are areas where the private providers have found it is not financially feasible to install their own infrastructure. AT&T, Moulder said, has been asked to be a partner in the project as a retailer, but the company’s current actions are a rebuff.
The Oconee project is meant to attract additional independent service providers to invest in projects, not the County itself. But that hardly matters to AT&T, which wants to preserve the present lack of competition in order to maximize their gains at the public expense. The Bill, S 483 is viewable here and contains the same old tired arguments claiming the public sector has all the advantages.

AT&T Pushes to Prevent Potential Broadband Competition in South Carolina

In South Carolina (the state TWC Forgot), AT&T is pushing harsher restrictions on any publicly owned broadband system in an attempt to derail one or more broadband stimulus projects. South Carolina already greatly restricts community broadband networks, likely one of the reasons no incumbent there bothers to upgrade in a similar time frame as the rest of the country. This should be seen a significant overreach -- AT&T is trying to shut down County efforts to improve middle mile access -- whereas most preemption tends to heavily restrict community last-mile networks. This is a whole new world of anti-competitive policy to favor AT&T (not dissimilar from what AT&T wants to do in Wisconsin and Fairpoint did in Maine).
The bills would force Oconee County to follow guidelines as a broadband service provider that would likely cripple the county’s current three-year project to construct 245 miles of broadband cable, county administrator Scott Moulder said. ... Oconee County’s goal is to be a so-called “middle mile” provider, Moulder said, essentially providing a network that would allow private broadband providers to extend their service into areas they aren’t serving. In most cases, those are areas where the private providers have found it is not financially feasible to install their own infrastructure. AT&T, Moulder said, has been asked to be a partner in the project as a retailer, but the company’s current actions are a rebuff.
The Oconee project is meant to attract additional independent service providers to invest in projects, not the County itself. But that hardly matters to AT&T, which wants to preserve the present lack of competition in order to maximize their gains at the public expense. The Bill, S 483 is viewable here and contains the same old tired arguments claiming the public sector has all the advantages.

AT&T Pushes to Prevent Potential Broadband Competition in South Carolina

In South Carolina (the state TWC Forgot), AT&T is pushing harsher restrictions on any publicly owned broadband system in an attempt to derail one or more broadband stimulus projects. South Carolina already greatly restricts community broadband networks, likely one of the reasons no incumbent there bothers to upgrade in a similar time frame as the rest of the country. This should be seen a significant overreach -- AT&T is trying to shut down County efforts to improve middle mile access -- whereas most preemption tends to heavily restrict community last-mile networks. This is a whole new world of anti-competitive policy to favor AT&T (not dissimilar from what AT&T wants to do in Wisconsin and Fairpoint did in Maine).
The bills would force Oconee County to follow guidelines as a broadband service provider that would likely cripple the county’s current three-year project to construct 245 miles of broadband cable, county administrator Scott Moulder said. ... Oconee County’s goal is to be a so-called “middle mile” provider, Moulder said, essentially providing a network that would allow private broadband providers to extend their service into areas they aren’t serving. In most cases, those are areas where the private providers have found it is not financially feasible to install their own infrastructure. AT&T, Moulder said, has been asked to be a partner in the project as a retailer, but the company’s current actions are a rebuff.
The Oconee project is meant to attract additional independent service providers to invest in projects, not the County itself. But that hardly matters to AT&T, which wants to preserve the present lack of competition in order to maximize their gains at the public expense. The Bill, S 483 is viewable here and contains the same old tired arguments claiming the public sector has all the advantages.

AT&T Pushes to Prevent Potential Broadband Competition in South Carolina

In South Carolina (the state TWC Forgot), AT&T is pushing harsher restrictions on any publicly owned broadband system in an attempt to derail one or more broadband stimulus projects. South Carolina already greatly restricts community broadband networks, likely one of the reasons no incumbent there bothers to upgrade in a similar time frame as the rest of the country. This should be seen a significant overreach -- AT&T is trying to shut down County efforts to improve middle mile access -- whereas most preemption tends to heavily restrict community last-mile networks. This is a whole new world of anti-competitive policy to favor AT&T (not dissimilar from what AT&T wants to do in Wisconsin and Fairpoint did in Maine).
The bills would force Oconee County to follow guidelines as a broadband service provider that would likely cripple the county’s current three-year project to construct 245 miles of broadband cable, county administrator Scott Moulder said. ... Oconee County’s goal is to be a so-called “middle mile” provider, Moulder said, essentially providing a network that would allow private broadband providers to extend their service into areas they aren’t serving. In most cases, those are areas where the private providers have found it is not financially feasible to install their own infrastructure. AT&T, Moulder said, has been asked to be a partner in the project as a retailer, but the company’s current actions are a rebuff.
The Oconee project is meant to attract additional independent service providers to invest in projects, not the County itself. But that hardly matters to AT&T, which wants to preserve the present lack of competition in order to maximize their gains at the public expense. The Bill, S 483 is viewable here and contains the same old tired arguments claiming the public sector has all the advantages.

AT&T Pushes to Prevent Potential Broadband Competition in South Carolina

In South Carolina (the state TWC Forgot), AT&T is pushing harsher restrictions on any publicly owned broadband system in an attempt to derail one or more broadband stimulus projects. South Carolina already greatly restricts community broadband networks, likely one of the reasons no incumbent there bothers to upgrade in a similar time frame as the rest of the country. This should be seen a significant overreach -- AT&T is trying to shut down County efforts to improve middle mile access -- whereas most preemption tends to heavily restrict community last-mile networks. This is a whole new world of anti-competitive policy to favor AT&T (not dissimilar from what AT&T wants to do in Wisconsin and Fairpoint did in Maine).
The bills would force Oconee County to follow guidelines as a broadband service provider that would likely cripple the county’s current three-year project to construct 245 miles of broadband cable, county administrator Scott Moulder said. ... Oconee County’s goal is to be a so-called “middle mile” provider, Moulder said, essentially providing a network that would allow private broadband providers to extend their service into areas they aren’t serving. In most cases, those are areas where the private providers have found it is not financially feasible to install their own infrastructure. AT&T, Moulder said, has been asked to be a partner in the project as a retailer, but the company’s current actions are a rebuff.
The Oconee project is meant to attract additional independent service providers to invest in projects, not the County itself. But that hardly matters to AT&T, which wants to preserve the present lack of competition in order to maximize their gains at the public expense. The Bill, S 483 is viewable here and contains the same old tired arguments claiming the public sector has all the advantages.

AT&T Pushes to Prevent Potential Broadband Competition in South Carolina

In South Carolina (the state TWC Forgot), AT&T is pushing harsher restrictions on any publicly owned broadband system in an attempt to derail one or more broadband stimulus projects. South Carolina already greatly restricts community broadband networks, likely one of the reasons no incumbent there bothers to upgrade in a similar time frame as the rest of the country. This should be seen a significant overreach -- AT&T is trying to shut down County efforts to improve middle mile access -- whereas most preemption tends to heavily restrict community last-mile networks. This is a whole new world of anti-competitive policy to favor AT&T (not dissimilar from what AT&T wants to do in Wisconsin and Fairpoint did in Maine).
The bills would force Oconee County to follow guidelines as a broadband service provider that would likely cripple the county’s current three-year project to construct 245 miles of broadband cable, county administrator Scott Moulder said. ... Oconee County’s goal is to be a so-called “middle mile” provider, Moulder said, essentially providing a network that would allow private broadband providers to extend their service into areas they aren’t serving. In most cases, those are areas where the private providers have found it is not financially feasible to install their own infrastructure. AT&T, Moulder said, has been asked to be a partner in the project as a retailer, but the company’s current actions are a rebuff.
The Oconee project is meant to attract additional independent service providers to invest in projects, not the County itself. But that hardly matters to AT&T, which wants to preserve the present lack of competition in order to maximize their gains at the public expense. The Bill, S 483 is viewable here and contains the same old tired arguments claiming the public sector has all the advantages.

False Parallels Between FDR Electrification and Obama Broadband Stimulus

The SF Examiner is the latest to miss the key point when comparing FDR's rural electrification programs with the Obama Administration's broadband stimulus.  Though both programs did extend essential infrastructure to communities either unserved or underserved, an important differentiator is how they approached it.

Seventy years ago, President Franklin Delano Roosevelt realized that if private industry wouldn't run power lines out to the farthest reaches of rural areas, it would take government money to help make it happen. In 1935, the Rural Electrification Administration was established to deliver electricity to the Tennessee Valley and beyond.

But it wasn't just government money that was needed, it was a focus on local self-reliance -- which is what I wrote in a Letter to the Editor submitted to the paper:

Your article rightly notes that many Americans need help in building the broadband networks they need. But it draws a false comparison between FDR's electrification efforts and Obama's Stimulus.

FDR correctly recognized that the private sector is ill-suited to running the infrastructure needed in rural communities and used loans to fund cooperatives that would allow communities to be locally self-reliant.

Obama's stimulus program was a mix of loans and grants (heavy on grants) to mostly private sector for-profit companies that will have less incentive to run the networks in ways that most benefit the communities (upgrades, customer service).

If Obama had learned from FDR, his Administration would have embraced a fiscally responsible approach that encouraged local self-reliance by building networks that are structurally accountable to the communities they serve.

False Parallels Between FDR Electrification and Obama Broadband Stimulus

The SF Examiner is the latest to miss the key point when comparing FDR's rural electrification programs with the Obama Administration's broadband stimulus.  Though both programs did extend essential infrastructure to communities either unserved or underserved, an important differentiator is how they approached it.

Seventy years ago, President Franklin Delano Roosevelt realized that if private industry wouldn't run power lines out to the farthest reaches of rural areas, it would take government money to help make it happen. In 1935, the Rural Electrification Administration was established to deliver electricity to the Tennessee Valley and beyond.

But it wasn't just government money that was needed, it was a focus on local self-reliance -- which is what I wrote in a Letter to the Editor submitted to the paper:

Your article rightly notes that many Americans need help in building the broadband networks they need. But it draws a false comparison between FDR's electrification efforts and Obama's Stimulus.

FDR correctly recognized that the private sector is ill-suited to running the infrastructure needed in rural communities and used loans to fund cooperatives that would allow communities to be locally self-reliant.

Obama's stimulus program was a mix of loans and grants (heavy on grants) to mostly private sector for-profit companies that will have less incentive to run the networks in ways that most benefit the communities (upgrades, customer service).

If Obama had learned from FDR, his Administration would have embraced a fiscally responsible approach that encouraged local self-reliance by building networks that are structurally accountable to the communities they serve.

False Parallels Between FDR Electrification and Obama Broadband Stimulus

The SF Examiner is the latest to miss the key point when comparing FDR's rural electrification programs with the Obama Administration's broadband stimulus.  Though both programs did extend essential infrastructure to communities either unserved or underserved, an important differentiator is how they approached it.

Seventy years ago, President Franklin Delano Roosevelt realized that if private industry wouldn't run power lines out to the farthest reaches of rural areas, it would take government money to help make it happen. In 1935, the Rural Electrification Administration was established to deliver electricity to the Tennessee Valley and beyond.

But it wasn't just government money that was needed, it was a focus on local self-reliance -- which is what I wrote in a Letter to the Editor submitted to the paper:

Your article rightly notes that many Americans need help in building the broadband networks they need. But it draws a false comparison between FDR's electrification efforts and Obama's Stimulus.

FDR correctly recognized that the private sector is ill-suited to running the infrastructure needed in rural communities and used loans to fund cooperatives that would allow communities to be locally self-reliant.

Obama's stimulus program was a mix of loans and grants (heavy on grants) to mostly private sector for-profit companies that will have less incentive to run the networks in ways that most benefit the communities (upgrades, customer service).

If Obama had learned from FDR, his Administration would have embraced a fiscally responsible approach that encouraged local self-reliance by building networks that are structurally accountable to the communities they serve.

False Parallels Between FDR Electrification and Obama Broadband Stimulus

The SF Examiner is the latest to miss the key point when comparing FDR's rural electrification programs with the Obama Administration's broadband stimulus.  Though both programs did extend essential infrastructure to communities either unserved or underserved, an important differentiator is how they approached it.

Seventy years ago, President Franklin Delano Roosevelt realized that if private industry wouldn't run power lines out to the farthest reaches of rural areas, it would take government money to help make it happen. In 1935, the Rural Electrification Administration was established to deliver electricity to the Tennessee Valley and beyond.

But it wasn't just government money that was needed, it was a focus on local self-reliance -- which is what I wrote in a Letter to the Editor submitted to the paper:

Your article rightly notes that many Americans need help in building the broadband networks they need. But it draws a false comparison between FDR's electrification efforts and Obama's Stimulus.

FDR correctly recognized that the private sector is ill-suited to running the infrastructure needed in rural communities and used loans to fund cooperatives that would allow communities to be locally self-reliant.

Obama's stimulus program was a mix of loans and grants (heavy on grants) to mostly private sector for-profit companies that will have less incentive to run the networks in ways that most benefit the communities (upgrades, customer service).

If Obama had learned from FDR, his Administration would have embraced a fiscally responsible approach that encouraged local self-reliance by building networks that are structurally accountable to the communities they serve.