On Wed, 2008-06-04 at 11:07 -0600, Robert LeBlanc wrote: > I think selling out to the private sector is the worst thing that can be > done. Once they have a monopoly, there is no competition and no reason to be > better. All they will do is charge more and cut corners to get a return on > their investment. Please remember they are sinking a huge cost ($40 million) > for only 30,000 customers. Who is going to pay for that?
Yeah--but the iProvo system is near bankrupt. There's also some stipulations put on the agreement that whoever buys it won't be an exclusive franchise to the equipment--meaning they will have to lease at a fair market price if given the offer, and that other companies can bid competitively for the infrastructure. At this point the only options they have are: A) have a miraculous influx of subscribers to the existing services so that x number of bonds won't default B) Abandon the lines completely, and then slowly pay off the bonds over the next 10 years C) Sell the lines, and pay off all the bonds immediately (which was presented as a separate issue) I'm all for A. -------------------- BYU Unix Users Group http://uug.byu.edu/ The opinions expressed in this message are the responsibility of their author. They are not endorsed by BYU, the BYU CS Department or BYU-UUG. ___________________________________________________________________ List Info: http://uug.byu.edu/mailman/listinfo/uug-list
