BREAKING: Broadweave CEO Steve Christensen to Step Down as CEO, Leave Company Today

Inside sources confirm the rumor from a month ago: Steve Christensen will leave his position as CEO of Broadweave and will not longer be a part of the company effective today. After months of relying on the line-of-credit to make the bond payment and facing an increasingly hostile HOA in… Continue reading

Revolt in Traverse Mountain? New Management May Boot Broadweave

A post at the Traverse Mountain Community Forum reveals that a recent change in mangement with Mountain Home Development Group has the Christensens out of management positions. The new management discussed issues with Broadweave at length including, in the commentor’s summary, the continued lack of video, pricing disparities, poor phone… Continue reading

Broadweave Misses Another Again Uses Reserve for Payment Despite Claiming Sharply Increased Revenues

The Daily Herald reported today that Broadweave failed yet again to make their payments to Provo from their operating revenues, dipping into the reserve fund for the third month in a row. This is despite claiming revenues that have increased 20% in the last 6 months and adding 400 more… Continue reading

More Local Retransmission Fights: ABC 4 and CW 30 Picking Fights with Broadweave, Union Cable

If you’re already sick of the fight between DirecTV and KJZZ 14, you won’t much care for this. The station owners of ABC 4 and CW 30 have announced that their retransmission agreements with both Broadweave and Union Cable, a Wyoming cable company, will expire on January 31 and that… Continue reading

Broadweave Fails to Make November Payment

The Salt Lake Tribune reports that Broadweave has failed to make its November payment to Provo City, instead having to rely on the security deposit. CEO Steve “we’re meeting our financial goals” Christensen and Mayor Billings both tried to gloss over the missed payment while Steve Turley, predictably, has called… Continue reading

Mstar, DynamicCity Were Also Bidding for iProvo

The Salt Lake Tribune reports that city records show that Mstar and DynamicCity, the network management company for UTOPIA, also put in bids to either manage or run the city’s fiber optic network. A fourth company also reportedly made a bid, but their name is being kept secret by the… Continue reading