Note: comments posted are strictly the opinion of the poster and not necessarily those of Fiber Planners Inc. or any other posters.
Wednesday, January 28, 2004
Utah: West Valley City Council unanimously approves backing for UTOPIA FTTH project
Ernie Bray writes that West Valley City, Utah has approved its' share of financing for the UTOPIA project, an 18-city FTTH (fiber to the home) project in Utah:
"The West Valley City Council and Mayor voted unanimously to support the bond backstop for the Utopia project. Citing 22 months of painstaking research and independent verification by noted Wall Street telecom analysts Dean and Company who purportedly only gives the green light/recommends to investors 2-3 projects out of 100 they review, with an enviable track record of success."
"Both the mayor and each member of the City Council made very very eloquent and passionate speeches in support of the project after the end of the public comment session. Some people even asked for a transcript of the meeting the speeches were so good..."
"Both Qwest and Comcast showed up to oppose the project along with a few Qwest employees and retirees. The crowd in attendance was overwhelmingly in support of the project. The mayor and council challenged Qwest and Comcast on many of their assertions, the Council and Mayor had really done their homework and took the time to fully understand the issues, it was clearly evident to all in attendance that those few who spoke in opposition did not take the time to be properly informed, and the council and mayor were able to very articulately address the concerns raised."
"Kudos to the West Valley City Council and Mayor Nordfelt for spending so much time over the last 22 months to truly understand all of the issues."
"West Valley City is Utah's 2nd largest city and is a suburb of Salt Lake City."
"Brigham City (Northern Utah) votes this Thursday night and I am told it looks to be another unanimous vote. After that there are four more Utopia Cities that are scheduled to vote on Tuesday the 3rd to approve the backstop resolution."
Interestingly, the Salt Lake Tribune, which is very opposed to the UTOPIA project, has not yet reported any of this (at least that I can find on the Internet) posted by Al Bonnyman
Wednesday, January 28, 2004#