I don't get it. If it wasn't customer revenue, where did the guaranteed
rate of return come from? Tax dollars?

On Sat, Aug 18, 2018, 11:04 AM <ch...@wbmfg.com> wrote:

> $66M
> 1200 miles of fiber  $55K/mile
> 2500 customers  $26.4K/subscriber
>
> I wish I was the contractor.  This was a RUS financed deal.  I actually
> spent more on an RUS financed deal once.  Only 20 subscribers were involved
> but my spend was more almost 10 times this amount (per subscriber).  But
> that was a regulated rate of return, so we were guaranteed to make money.
>
> This Lake Connections deal was not rate of return.  So the customer
> revenue has to carry the debt.
>
>
>
> *From:* Lewis Bergman
> *Sent:* Saturday, August 18, 2018 7:00 AM
> *To:* AnimalFarm Microwave Users Group
> *Subject:* [AFMUG] More muni network woes
>
>
> https://insidetowers.com/cell-tower-news-taxpayers-hook-25m-broadband-network/?utm_source=Inside+Towers+List&utm_campaign=659341a69f-EMAIL_CAMPAIGN_2018_08_09_02_57&utm_medium=email&utm_term=0_af16c4fc22-659341a69f-91496749
>
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