A company you’ve never heard of makes a pitch to take over a municipal fiber network despite no track record of providing residential services or network construction on a large scale. If this story sounds familiar, it’s because it describes Broadweave’s pitch to Provo that ended in a disastrous devaluing… Continue reading
It’s almost become too easy to pick on the Utah Taxpayers Association when they get a story so very, very wrong. The latest work of fiction is thacceir tortured stance on iProvo, one in which they perform twists of logic to support how things have unfolded with iProvo and yet… Continue reading
An anonymous tipster pointed out that Provo is currently soliciting Requests for Qualifications for iProvo. The RFQ itself is very specific in stating that while it’s looking for companies who could take over the network, nothing in it should be construed to imply that the city actually anticipates getting the… Continue reading
I just got word that Veracity and Broadweave have completed their merger into Veracity Networks. It’s been all quiet on the Provo front for some time, so it’s good to know that things are still moving. Press release is after the jump.
As I predicted yesterday, Provo’s Municipal Council signed off on the proposal from Veracity to merge with Broadweave and float some of the bond payment for 10 years. (I also totally called Steve Turley voting against the proposal.) I’m not surprised at all given the political climate surrounding the network…. Continue reading
Tonight, Provo’s Municipal Council will likely make a decision on the proposal from Veracity to float part of the bond payment for upwards of 10 years. I’m not going to delude myself or any of you: the meeting and vote is mere formality. The Council will, amidst some grumbling, approve… Continue reading
The Salt Lake Tribune wrote up an article on Tuesday’s decision to delay the vote on accepting Veracity’s offer and it brings up interesting points on how the loan from the Energy Department’s reserves will be secured. The plan is to have existing customer accounts and any new accounts on… Continue reading
Just a head’s up that Provo’s Municipal Council had to delay the vote and discussion on the proposal from Veracity and Broadweave until another day. Some of the language in the final resolution needed a bit of tweaking and I’m sure it didn’t help that a council member was absent…. Continue reading
Provo’s municipal council will meet tomorrow to discuss and vote on the proposal from Veracity and Broadweave to ease up on payments for a few years. The meeting will be at 7PM in the council chambers at 351 W. Center St. I’d encourage everyone to show up and share your… Continue reading
I’ve spent the last week rolling over the proposed merger of Veracity and Broadweave as well as their proposal to Provo City upon which it is contingent. I’ve gotten more information from Veracity and Broadweave on their position and talked to other people who’ve been keeping an eye on things…. Continue reading