This is an update to an earlier blog about fiber optic to the home. The Cable Telecommunications Association is continuing a law suit to stop the project. I understand that fiber optic will impact the cable industry. They are also fighting against AT&T entering the market. I understand their presence will impact Comcast's business.
But I do not appreciate their effort to stop a very important piece of our infrastructure development. The pluses from fiber optics are too numerous to list. It will bring a fundamental change to our area, probably in ways that cannot not be imagined. Kind of like how Al Gore could not have imagined Active Rain back in the days when he invented the internet.
I do not know the details of the lawsuit against the EPB fiber optic project, but the suit was previously dismissed. That speaks to me of the likely merit. It looks to me the only objection to the project is that it will make the cable companies become better companies.
Like the real estate market problems have made me become a better loan officer.
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Richard Smith Conventional, FHA, FHA 203k, HUD $100 down purchases, VA, Jumbo VA, Rural Development, Jumbo, FannieMae Homepath, Home Equity Line of Credit (HELOC). |
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Stearns Lending, Inc |
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Cell phone: 423-280-0345 Email: Richard@HomeLoansChattanooga.com |
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This blog represents the opinions of Richard Smith. The posts and comments written on the blog do not represent the opinions or positions of Stearns Lending, Inc. |
