Quantcast Wi-Fi: A Waste Of The City's Money
Search by tag or site Login to my blogStart my own blog















TheMoneyBlogs
Home
About
Create your own blog
Contact us
Vote for this blog!

The Boston Real Estate Blog

I am an independent real estate broker, focused on the residential real estate market in downtown Boston.

Wi-Fi: A Waste Of The City's Money

Posted on 05/22/2007 12:20:28 | Link | Post Comment

Every city and town of any substantial size had a great idea last year, or the year before.

"Let's build a wireless-Internet network and offer it to residents for free, or at a cheap price."

I have always thought it is a terrible idea.

I can see no reason that cities' governments should be involved in this, at all.

A couple reasons:

1) Most people in large cities can buy Internet access through their cable company, phone company, satellite company, or from AOL or Earthlink. Most people have access to the Internet at work, at school, and/or at their local libraries.

2) Technology is moving quickly. Who knows what will happen next? Why invest money, time, and effort (even if it's someone else's $) toward this endeavor?

3) Why should cities do the work of private industry?

4) Private industry can often do a better job than government, for less money.

Here are some choice quotes from an article I just read about problems that municipalities are having getting their wi-fi projects up and running.

* "They are the monorails of this decade: the wrong technology, totally overpromised and completely undelivered," said Anthony Townsend, research director at the Institute for the Future, a think tank.

* "I will be surprised if the majority of these are successful and they do not prove to be drains on taxpayers' money," said Michael Balhoff, former telecom equity analyst with Legg Mason Inc. "The government is getting into hotly contested services."

* [Just as the city of Lompoc] committed to the network, cable and telephone companies arrived with better equipment and service, undercutting the city's offerings.

"It seemed like we announced we were going to do this and that and the next day we got trucks from the providers doing this and that, when we've been asking for years and nothing ever happened," Lompoc Mayor Dick DeWees said.

Complete story: Cities struggle with wireless Internet - By Anick Jesdanun, Associated Press

Also: Can you e-mail me now? - Boston Globe editorial, March 15, 2007

More posts about: , ,
Stock Quote or
Examples
ATM Wallstreet - Mon Oct 06, 2008 03:39PM
Made several great trades today. Traded the QID, QQ [read more]
ATM Wallstreet - Tue Oct 07, 2008 10:07PM
Today we have the Fed speaking and release of Fed mi [read more]
Morpheus Trading - Tue Oct 07, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them [read more]

PREMIER SPONSORED LINKS

Most Visited Blogs | Most Popular Blogs | Most Recent Blogs | Contact Us | Terms and conditions | Privacy Policy

The columns, articles, message board posts and any other features provided on TheMoneyBlogs.com are provided for personal finance, education and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of TheMoneyBlogs.com and there is no implied endorsement by TheMoneyBlogs.com of any advice or trading strategy. The analysts and employees or affiliates of TheMoneyBlogs.com may hold positions in the stocks or industries discussed here. Your use of this and all information contained on TheMoneyBlogs.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

Copyright © 2008 The Connors Group, Inc.