Here's an article from the Valley News last winter...
http://www.vnews.com/02152009/5400138.htm
It was the last thing I heard about the project until the e-mail last week.
Frank
Rion D'Luz wrote:
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
