Oregon community's 5-year muni-fiber plan struggling
Sherwood, Ore., a small city southwest of Portland with about 16,000 residents, is knee-deep in cost overruns and service shortfalls after five years of trying to launch its own fiber-optic network. The city promised residents the service would give every home and business high-speed Internet access, and that the service would pay for itself and even create a revenue stream for the city.
In Sherwood, to date, taxpayers have laid out more than $1.55 million for a service that is anything but complete. One official called the 60-mile network a "significant money loser."
I have Verizon FIOS (excellent service by the way) and not a week goes by that Comcast and Qwest don't contact me in some way to see if I would like to switch to their fiber-optic service.
But for some reason government thought it should do what the private market was already doing so well and these idiots will insist until the day the stupid thing gets shut down that it will "soon" be viable.
But the fact that it can't make money is not the issue, if they were hauling in cash hand over fist I would still oppose this because IT'S NOT THE CITIES JOB TO PROVIDE INTERNET ACCESS.