Policy Report

Wilson’s Fiber-Optic Cable Boondoggle: City Invests $28 Million in a Technology That Could Be Obsolete Before It’s Paid For

posted on in City & County Government, Economic Growth & Development, Education (PreK-12)

The City of Wilson’s $28 million investment in a fiber-optic cable system for Internet, phone and television could be obsolete even before it is paid for, leaving city taxpayers and electric utility users to pay the balance on the 25-year bonds.

Wilson’s Fiber-Optic Cable Boondoggle: City Invests $28 Million in a Technology That Could Be Obsolete Befo…

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We are North Carolina’s Most Trusted and Influential Source of Common Sense. The John Locke Foundation was created in 1990 as an independent, nonprofit think tank that would work “for truth, for freedom, and for the future of North Carolina.” The Foundation is named for John Locke (1632-1704), an English philosopher whose writings inspired Thomas Jefferson and the other Founders.

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