Who Will Buy ... a National Broadband Plan?
For the national broadband rollout, the big question is who will pay for it? Phil Bronner of Novak Biddle Venture Partners challenged investors to make national broadband happen at an October 1 Federal Communications Commission workshop. Other panelists echoed calls for investment in the national broadband plan. FCC Chairman Julius Genachowski said that every dollar invested in broadband leads to tenfold returns in the economy. Anna-Maria Kovacs, president of Regulatory Source Associates LLC, called broadband a high-risk investment. Investors would want to know if they can make money out of investing in broadband. The problem of investing in broadband is mainly in the rural areas - which is where most capital would be needed.
Who Will Buy ... a National Broadband Plan?