Indeed, many municipal broadband projects are undertaken because the Wall Street metric does not work. The town may be too remote, the population may be too sparse, or the demographic nature may not be consistent with the template used by private sector companies in their profit-maximizing decisions on where and whether to deploy. Those are precisely the circumstances, however, in which the community benefits of providing broadband become most profound, and most valuable.
FCC's Clyburn at National Town Hall at NCMR
On April 8, 2011, FCC Commissioners Clyburn and Copps spoke at the National Conference for Media Reform, held in Boston by Free Press. The moderator asked Commissioner Clyburn about her comments calling on North Carolina to cease consideration of a bill advanced by Time Warner Cable to preempt local authority to build superior broadband networks.
The entire event is available via Free Press' Conference site but we isolated the comments about local authority here.