Leverett fiber network headed for FAILURE

Posted in the Springfield Forum

Lowell

Minneapolis, MN

#1 Jul 26, 2012
Leverett has embarked on an expensive fiberoptic network project. 90% of 39% of Leverett residents have approved he fiber project and the town is borrowing $3,400,000 to install townwide fiber.

Monticello Minnesota did the same thing and once installed the existing ISPs simply lowered their rates and the cost competition overcame any advantages held by fiber.

At this time Monticello is using the profit from their municipal booze store to pay for the fiber network AND the towns bond rateing has been lowered because they defaulted on their bond payments.

Leverett MAY BE on a similar track..

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Springfield Discussions

Title Updated Last By Comments
Man wanted for allegedly assaulting 9-month-old... Dec 18 GoPerry 1
General Electric Lynn - Layoffs? (Feb '07) Dec 13 Crazy Logic 5
Pet Corner: Frank Sinatra Dec 12 Jhow 1
16 Members And Associates Of La Familia Gang Ar... (May '08) Dec 9 banglafami 297
Obama nominates Ashton Carter for defense secre... Dec 6 ima-Ilis Myka Ash... 1
Springfield firefighter charged with sexually a... Dec 3 lismarie 1
Obama accepts Nobel Peace Prize, says war somet... (Dec '09) Dec 1 VeganTiger 21
Springfield Dating
Find my Match
More from around the web

Springfield People Search

Addresses and phone numbers for FREE

Springfield News, Events & Info

Click for news, events and info in Springfield

Personal Finance

Mortgages [ See current mortgage rates ]

NFL Latest News

Updated 3:08 pm PST