You can check out any time you’d like, but you can never… well, you know the song. (credit: Aurich Lawson)
Comcast could lose a significant amount of revenue in cities that build their own municipal broadband networks, a new analysis suggests.
Comcast and trade groups that Comcast belongs to made some well-placed political donations as elections next week in Seattle, Washington, and Fort Collins, Colorado, could determine whether the cities pursue municipal broadband projects.¬†With that in mind, the Institute for Local Self-Reliance’s Community Broadband Networks Initiative analyzed how much revenue Comcast stands to lose if both cities build their own broadband networks.
“Evidence from other cities suggests that a real choice in broadband services could reduce Comcast’s revenues by millions of dollars per month,” the group, which advocates for municipal broadband projects, wrote in a policy brief. “Competition in Fort Collins would cost Comcast between $5.4 million and $22.8 million per year.
In Seattle, robust competition would cost between $20 million and $84 million per year.”
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