The governor's plan starts with creation of the Vermont Telecommunications Authority, overseen by an executive director and a nine-member board of directors.
The authority isn't looking to get into the business of providing Internet service. It would, however, be able to bond for up to $40 million to help others provide service.
That money would be invested in infrastructure such as fiber-optic cable or small towers to bring broadband and cell phone service to unserved or under-served parts of the state. The bond would be paid back through revenues generated from leasing infrastructure to cellular and Internet service providers.
Analysis & commentary on America's troubled transition from analog telephone service to digital advanced telecommunications and associated infrastructure deficits.
Thursday, February 15, 2007
Vermont governor proposes state telecom agency
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