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IProvo called a financial drain
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There's no reason why the private sector needs to be involved in this. Private sector means private profits. We'd be better off letting our Utah local governments run these programs at a loss than letting capitalist investors make a profit.
What Provo NEEDS to do is recruit REAL companies to come in and provide over this network. Companies that can actually compete head to head with Comcast. I'm talking about Cox Cable, Dish Network, DirecTV. All they need to do is drop a line of their programming into iProvo and they could distribute it to the 33,000 households in Provo. Once they have this presence, UTOPIA would offer the same service through their network.
It's a no-brainer! We need better competition because MSTAR and NUVONT aren't cutting it.
The honeymoon with iProvo is obviously over. Comcast just raised my cable rate. They were giving me a discount because iProvo was in my area and they needed to be competitive. Well, no longer! Comcast smells the blood in the water and aren't willing to give discounts because of iProvo anymore.
Provo!... PLEASE GET SOME REAL COMPANIES TO PROVIDE OVER THIS AWESOME NETWORK! THE CURRENT COMPANIES CAN'T AND HAVEN'T GOTTEN THE JOB DONE!
The real problem here is the ridiculous law put in place by the state legislature which won't allow city's to "retail" the product directly.
Comcast and ATT have deep pockets, and pay their lobbyists well.
The bottom line is: Telecom capacity is the infrastructure of 21st Century commerce. Comcast and Quest simply refused to provide this capacity, focusing resources in Colorado and elsewhere. Provo City acted wisely and prudently to bring fiber-optic service to Provo. That's one reason Provo is such a great place for business. Kudos for iProvo in spite of its faults. Give it time.
Comcast knows that to stay in business and provide a service it MUST price that service at a level which will cover ALL THE COSTS and still produce a (Gosh ....how horrible)PROFIT. If not they die.
IProvo, foolishly, BELIEVES and has wild eyed day-dreams that it can do the same thing; at higher costs, with less competent management, with limited foresight, at a cheaper (more Socialistically EQUAL) price and still remain viable. They Can!!!!! Only because they have the miraculous power to steal money (taxation) from everybody in order to subsidize their inefficiency, greed (for money, power or both)and Socialistic Orientation.
Will someone please tell the people over at UTOPIA to pay attention. They are doing in spades what IProvo is again proving can't be done.
Government shouldn't and CAN'T be a meaningful player in any economy; unless, of course in their own minds, they have magically found out how to not repeat the experience of every Socialist Experiment of the past.
IProvo is destined for abject economic failure. So is UTOPIA!
The only thing for sure is that for the next 20 to 30+ years, the taxpayers will be paying for the Government's foolishness and greed.