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News and comments on community broadband networks, the communities deploying them and the technologies that support them. Published by Denise Frey and Al Bonnyman.

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Tuesday, August 05, 2003

 

Wyoming: Good news/bad news for proposed Green River/Rock Springs FTTH system

Wyoming: Good news/bad news for proposed Green River/Rock Springs FTTH system

The towns of Green River and Rock Springs have been studying building a joint FTTH (fiber to the home) system (SWEETnet).

Bad news:
"Cost of backing SweetNet rises"
"Rock Springs and Green River may need to pony up a lot more money than previously thought to guarantee the loan for a proposed $31 million, publicly-owned fiber optic system for Sweetwater County. About $7 million more, city officials learned Thursday night. A commitment of about $5.3 million from each city will be required if the proposed fiber optic project is to go forward, the project's financial consultant told city council members from Rock Springs and Green River during a joint workshop."

Good news:
"Green River and Rock Springs residents show strong support for community owned fiber-optic network phone survey says"
"This is the conclusion drawn from the results of a recent phone survey of a representative sample of local residents conducted for the Joint Powers Telecommunications Board (JPTB). The survey revealed that 73.2 percent of survey respondents would "support (their) city government if it decided to build a wholesale community-owned fiber-optic network without raising taxes."
(Second link from Jim Baller at the Baller Herbst Law Group via his mailing list)

Very good news (going back to the first article:
"... once the system is up and running, only 38 percent of market penetration is required to cover operating expenses and senior revenue bond debt services."

The level of support (73%) is very high for a project of this sort and contrasts with the much lower level of penetration (38%) required to make the project work, financially.

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