Hi Frank:

Thanks for the update, bad news as it is.
I had serious disagreements w/Nulty while he was a BTcom regarding the
viability of his plan to enter areas underserved by comcast et. al.
But considering that ECfiber was the best/last great hope of a 
non-commercial alternative, I feel saddened by its demise, if in fact true.

And, I know a lot of people in the 25 communities they polled last winter (2008)
probably feel the same, despite their estimates for rollout being off (IMO) 
w/respect
to blanket coverage into the hillsides, etc..

I'm surprised they didn't apply for stimulus funds as part of a shovel-ready 
project
that was in keeping with VT broadband goals, or if they did, were denied 
funding.


On Wednesday 26 August 2009, Frank Pagliughi wrote:
> The plan was for private financing. Last I head, no one would lend them 
> the money to get started. They went for financing last September. What 
> timing!  By last winter I believe they concluded that the only way they 
> would be able to borrow money during the "credit crisis" was if the Feds 
> gave loan guarantees. For half the amount, maybe?  So they weren't 
> looking for money from the Feds, just a co-signer. They seem to think 
> that in this environment, without it, the project is dead.
> 
> But now, maybe they have both hands out?
> 
> I have no direct involvement; I've just been watching it closely for the 
> last two years. I live in Stockbridge. My broadband consists of a tin 
> can and a string.

mine is almost analog to lighter-fluid, wood and a blanket. Worse now that
my expectations of fairpoint reaching my house have been lowered to about 0
http://tech.slashdot.org/comments.pl?sid=09/08/25/1627259

Rion
> 
> Frank




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I'd rather be a tax and spend liberal then a borrow and spend conservative.

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