Telecom Companies Face Competition From Municipalities

Should municipalities provide telecom services such as Internet, telephone and cable TV?

1 minute read

February 28, 2005, 2:00 PM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech


"The companies argue that municipalities offering telecom services have an unfair advantage because they can use interest-free tax dollars and tax-exempt bonds to finance their networks, and do not face the same regulatory burdens.

City officials and consumer advocates counter that the goal of municipal telecom projects is to empower lower-income residents, attract new employers, and give existing businesses a reason to stay."

Thanks to CollegeTownLife.com

Monday, February 28, 2005 in Forbes

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