[News] Municipal Broadband Facing Incumbent Backlash and Financing Challenges
The vast private capital investment in fiber is focused almost exclusively on getting it into the hands of the major wireless carriers since that is seen as a safer investment, Ting CEO Elliot Noss said Wednesday. Speaking at an American Association for Public Broadband and New America conference in Washington, he said municipal broadband projects can't count on private equity financing. Municipal broadband network operators also said a big challenge is constant lobbying attacks by large for-profit incumbents.
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