Seattle's High-Speed Internet Rollout Delayed Due to Financial Issues
December 10, 2013 12:14 PM
comment(s) - last by
Gigabit Squared is having a hard time securing financing to install the network
high-speed Internet network
is seeing delays with no new launch dates on the horizon.
According to a new report from
, Seattle's venture with Gigabit Squared to implement a high-speed Internet network in 12 of the city's neighborhoods has hit a financial roadblock, and the mayor fears that it's "not going to work."
Seattle Mayor Mike McGinn has been a huge advocate of the project. He announced the partnership with Gigabit a year ago, which received a lot of praise from citizens. The public-private partnership aimed to launch the Gigabit Seattle project using 500 miles of unused cabling in the city.
In August of this year, Gigabit announced its prices and the plan to begin Gigabit Seattle's initial rollout in two of the 12 neighborhoods — University District and Capitol Hill. It was due to begin by Q1 of 2014.
Mayor Mike McGinn [SOURCE: patdollard.com]
However, Gigabit is having a hard time securing financing to install the network.
“We’re now a year into it and the question is, will it work or not?” said McGinn.
McGinn will be leaving office by the end of the year, so he won't be able to see the project through. However, he said if he were to stay, he'd "start garnering political support to build a municipal fiber utility." He has not given up on the private sector quite yet amid rumors that Comcast could make a considerable donation to the campaign.
McGinn said Comcast and others like it are “not upgrading their systems in any meaningful way.”
McGinn is open to having the government build out a high-speed network with open architecture if necessary, which could increase competition and still allow the people to have high-speed Internet.
This article is over a month old, voting and posting comments is disabled
RE: He Would Know
12/10/2013 2:53:13 PM
It is true. Up until recently, Comcast was the only real broadband player in town. Now we're starting to see some competition, but Comcast is slow to catch up, as always.
"People Don't Respect Confidentiality in This Industry" -- Sony Computer Entertainment of America President and CEO Jack Tretton
Google Fiber Goes Live in Kansas City with 700Mbps Downloads, 600Mbps Uploads
November 14, 2012, 9:00 AM
Twitter Senior VP: "Diversity is Important, But We Can’t Lower the Bar"
November 9, 2015, 9:59 AM
CNN Resorts to Internet Censorship to Promote Clinton Over Senator Sanders
October 15, 2015, 2:47 PM
Breaking Bad: How to Crash Google's Chrome Browser With Just 8 Characters
September 23, 2015, 11:08 AM
Quick Note: Amazon UK Offers £10 Back on Any Order £50 or Over
August 3, 2015, 12:05 PM
Editorial: Reddit Allows Itself to be Hijacked as a Hate Platform For Racist Bigots
July 21, 2015, 6:32 PM
Mozilla and Facebook to Adobe: It's Time to Kill Flash
July 20, 2015, 6:30 PM
Most Popular Articles
Free Windows 10 offer ends July 29th, 2016: 10 Reasons to Upgrade Immediately
July 22, 2016, 9:19 PM
Top 5 Smart Watches
July 21, 2016, 11:48 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information