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Insider dealing?

May 8, 2008

Jesse 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.

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