Seattle officials: Municipal broadband too risky and expensive for city to build alone

seattlefiber1
A long-awaited study says building a municipal gigabit fiber network in Seattle would cost $480 million to $665 million — less than past projections, but still too much for the city to take on without outside financing or a major partnership, say two high-ranking Seattle officials. The assessment is a setback for advocates of municipal broadband who want to ensure broad Internet access across the community, and business leaders who see strong broadband service as a way to cement the city’s position as a top-tier technology hub. The consultant’s report, released today, envisions a municipal broadband utility that would develop and operate a pure data, fiber-to-the-premises high-speed network… Read More

via GeekWire http://bit.ly/1HyCIbp

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