More than 600 communities across the U.S. have decided to build their own broadband networks after decades of predatory behavior, slow speeds, and high prices by regional telecom monopolies.That in…
The city of Bountiful, Utah voted to build a $48 million fiber network to provide affordable gigabit broadband for its residents and businesses. Regional internet providers Comcast and CenturyLink opposed the plan and tried to force a public vote through a taxpayer group they fund. However, communities often build their own networks because existing options are inadequate. Data shows that community-owned networks provide better, faster, cheaper service than monopolies. While big internet providers claim community networks are a boondoggle, they are just another business plan that often succeeds due to quality proposals and local accountability. Comcast and CenturyLink did not want to provide the high-speed internet Bountiful needed, but also tried to block the city from doing so itself.
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Classic example of attempted regulatory capture