Cities Petition FCC In Fight For Municipal Broadband

It cost Chattanooga ratepayers $330 million to build its Council network, but it raised $220 million in bond money and won $111.5 million in federal government stimulus subsidies. Competition from another commercial organisation is one thing but I wonder about a federal and state – subsidised entity overbuilding the private sector. Did anyone consider the economics or do a cost-benefit analysis of what would be in the long term interests of the public (including taxpayers and ratepayers)?

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