From Deseret News archives:
iProvo sale called bad, good deal
- Page:
- < Previous
- 1
- 2
• To date, iProvo has been subsidized through utility loans and transfers of taxes. Citizens will benefit from the sale because it maintains the current network while removing any chance of future subsidies to cover losses.
But Jesse Harris, a software implementer who writes about the UTOPIA and iProvo discussions on www.freeutopia.com, said he is not sure the iProvo sale is all it's trumped up to be. For one thing, he said, Broadweave isn't actually buying the network.
"It's kind of like someone saying, 'Sign me over the title of your car, and I'll lend you the money to make the payments,"' he said. "It's ridiculous."
Harris also questions Broadweave's ability to increase its subscriber base. Broadweave CEO Steve Christensen said the company has 1,000 customers, but they're sure they can handle iProvo's network which boasts about 10,400 subscribers. But Harris doesn't agree.
"I think they're going to stumble for a few years and then say, 'Guess we can't do it, good luck with the bond payments, Provo,"' he said.
"I hope the good citizens of Provo will remember this betrayal at the ballot box in 2009," he wrote on his Web site.
Provo spokeswoman Helen Anderson said Broadweave has all the signs of longevity. Broadweave is well funded by Sorenson Capital and Esnet Group, and Sorenson Capital is backing the payments by providing a guarantee
Mayor Lewis Billings said he appreciated Harris' passion but said he remains optimistic on the outcome of the situation.
"We certainly appreciate Mr. Harris' opinions, but we would hope our residents would take the time to become informed and to carefully evaluate this proposal based on a careful review of the facts and after actually talking with the players involved," he said.
E-mail: jdana@desnews.com
- Page:
- < Previous
- 1
- 2
Recent comments
Didn'y Fraser Bullock back the Airswitch fiasco in American Fork the...
Question? | May 11, 2008 at 7:51 p.m.
After completely driving iProvo into the Ground Garlick gets rewarded...
Crazy World | May 11, 2008 at 7:49 p.m.
Mayor, Here are some facts perhaps YOU should know.
FACT: In 8...
Here are some FACTS | May 10, 2008 at 3:32 p.m.
- High school girls basketball: Top 20 1:40 a.m.
- High school swimming rankings 1:28 a.m.
- High school girls basketball rankings 1:19 a.m.
- High school boys basketball rankings 1:00 a.m.
- Preps of the week 12:49 a.m.
- Y. volleyball beats UVU 12:46 a.m.
- Sports on the air 12:43 a.m.
- Utah Jazz: Game at a glance 12:40 a.m.
- Williams' late jumper tops Spurs 12:34 a.m.
- Revive full food tax? 12:19 a.m.
- Cougars going back to Vegas
- Utah/BYU rivalry can be more civil
- TCU to play Boise in Fiesta Bowl
- Witness: Mitchell stalked victims
- Y. profs: Beck not all-knowing
- Bring the true spirit of Christmas
- Utes excited to go to San Diego
- BYU professor remembered
- Winter weather is here to stay
- Answers for the BCS
- Y. profs: Beck not all-knowing
261 - TCU to play Boise in Fiesta Bowl
203 - Letters: Global warming a lie
156 - Cougars going back to Vegas
147 - Utah/BYU rivalry can be more civil
134 - George lost in rivalry hatefest
119 - Ed Smart 'appalled' at testimony
100 - Harpring's NBA career is over
96 - Utahns want health care reform bills
78 - Utes excited to go to San Diego
75
For the latest news in the health care debate and how it affects you...
Amazon.com, Target.com, Sears.com, Walmart.com, Kmart.com and...
When Boozer was shooting the free throws, why Sloan didn't substitute Mathew...
actions, I will be forced to be accountable for them. I refuse. I am an...
What's with the Utah fans flashing the double L sign?
@mark: So Sam da Ham... you were just making it up?" I'm a climate...
"I have no idea why BYU fans are talking smack about bowl opponents. Even if...
You say to "quit whining and play somebody." Isn't that what everyone is...
Reading these comments, I start wondering-- Whatever happened to faith? Why...
All those numbers when all you reall need to know is that BYU has beat Utah...
All thos numbers when all you reall need to know is that BYU has beat Utah...
So Sam da Ham, when you said this: "Not so. Al Gore is poised to make...

