Quantcast
Get breaking news alerts via email

Click here to manage your alerts
Australian firm proceeds with plan to take over struggling UTOPIA

Macquarie Capital Group pushes for new citywide utility fees to fund the Utah network’s overhaul.



< Previous Page


To Loader, who with other officials has fought since 2006 to make UTOPIA work, Macquarie’s plan could mean fulfillment of the network’s original vision for full wired public fiber, with vast economic development and innovation potential for member communities.

"Some of the things that they were dreaming about 10 years ago may now be coming true," he said. "The possibilities for this are just endless."

Join the Discussion
Post a Comment

He said even the 3 megabit per second transfer speeds of the basic service Macquarie is proposing would be comparable to existing cable and DSL services, but at a price well below standard Internet bills in most Utah’s urban markets.

Still, while Macquarie represents a potential savior for the project, its new proposed "availability fee" may make the plan a hard sell in some circles.

Orem residents firmly rejected a proposal in recent years to raise taxes to fund UTOPIA construction. Several public officials in other member cities have been voted into office based on their staunch criticism of the network’s burden on taxpayers.

But Hann, with Macquarie, said the new fees are crucial to delivering a completed network at a competitive cost and avoiding past problems with some cities having more access than others.

He likened the fees to similar charges levied for other core utilities, such as water and electricity.

"What’s new is that it’s being applied to broadband connectivity, essentially saying it’s a basic utility everyone should have," Hann said.

tsemerad@sltrib.com


story continues below
story continues below

Twitter: @Tony_Semerad



Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment


About Reader Comments


Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Videos
Jobs
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.