Monday, May 21, 2007

Cities Struggle With Wireless Internet: Financial News - Yahoo! Finance

"And Lompoc isn't alone. Across the United States, many cities are finding their Wi-Fi projects costing more and drawing less interest than expected, leading to worries that a number will fail, resulting in millions of dollars in wasted tax dollars or grants when there had been roads to build and crime to fight.
More than $230 million was spent in the United States last year, and the industry Web site MuniWireless projects $460 million will be spent in 2007.
Without revenues they had counted on to offset that spending, elected officials might have to break promises or find money in already-tight budgets to subsidize the systems for the low-income families and city workers who depend on the access. Cities might end up running the systems if companies abandon networks they had built."

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