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links for 2007-05-23
By Larry Hendrick | May 23, 2007
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“I will be surprised if the majority of these are successful and they do not prove to be drains on taxpayers’ money,” said Michael Balhoff, former telecom equity analyst with Legg Mason Inc. (LM) “The government is getting into hotly contested services.”
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Subscriptions or ads alone, Settles said, are “not enough to cover a multimillion dollar project.”
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DuVander said. “I tried it out as soon as I could and found that it wasn’t for me. The quality of the connection is not up to my standards.”
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There’s growing skepticism surrounding municipal Wi-Fi, particularly in the wake of EarthLink’s decision to slow down its approach to bidding on such projects — particularly after it reported a nearly $30 million loss. Dwight Silveman
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