Insider dealing?
May 8, 2008Jesse over at www.FreeUtopa.org has some excellent commentary on the potential sale of iProvo to a private company.
http://www.freeutopia.org/2008/05/07/iprovo-sale-will-be-another-homenet-fiasco/
The highlights are:
• Provo will still be on the hook if Broadweave goes bankrupt down the road, which seems like a good possibility.
• Broadweave’s speeds are significantly slower than Mstar via iProvo (where I’m currently getting 55Mb down and 25Mb up). Broadweave will probably be 10Mb down and 1 up. That is totally unacceptable for fiber!
If that is the case, I’m moving to a Utopia town, in fact I’m already looking around Orem, just in case. Like I said in the beginning, iProvo was the greatest reason for living in Provo. Way to shoot yourself in the foot Provo City.
Leave a comment