Capital Beat reports:

(O)n the Senate Finance’s calendar is a bill that would require municipalities to go to a vote before borrowing in support of a publicly owned broadband system. Some of the strongest opposition to this bill comes from Greensboro.

Mark Binker doesn’t elaborate on the who or why behind G’boro’s opposition, but evidently municipalities are marching lockstep in opposition to the bill in order to give them the option of borrowing to provide broadband service.

The Winston-Salem Journal editorialized last week, arguing that “communities can’t wait until it will be profitable for a private company to serve them adequately….. (s)o, using the democratic process, they are asking their local governments to establish service for them.” Evidently leaders in G’boro hold the same view of the ‘democratic process.”

Bottom line remains the same, however —- government broadband is a money-loser. But that just doesn’t seem to matter to some people.