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The Free Market at Work


CincyInDC

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tl;dr : the free market failed the town of Olds in Alberta, so they built their own fiber network on a not-for profit basis.

 

If this had gone down in 'murika, I'd expect private enterprise to swoop in and try to take the infrastructure.

 

 

 

http://www.cbc.ca/news/technology/story/2013/07/17/technology-gigabit-internet-olds.html

 

 

 

Rural community of Olds builds its own fibre network and starts its own ISP By Emily Chung, CBC News Posted: Jul 18, 2013 2:45 PM ET Last Updated: Jul 19, 2013 4:11 PM ET
hi-852-oldsuptowne-olds-institute.jpgOlds is a rural community of 8,500 people about 80 kilometres north of Calgary. (Courtesy Olds Institute for Community and Regional Development)
       
 
        Ultrafast internet speeds that most Canadian city dwellers can only dream of will soon be available to all 8,500 residents in a rural Alberta community for as little as $57 a month, thanks to a project by the town's non-profit economic development foundation.

"We'll be the first 'gig town' in Canada," said Nathan Kusiek, director of marketing for O-Net, the community-owned internet service provider that runs the fibre optic network being built by the non-profit Olds Institute for Community and Regional Development in Olds, Alta., about 90 kilometres north of Calgary.

 Follow link above for more.

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