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BPL gets a $100 million boost

BPL has been handed a major infusion of cash to get it to into the homes of the American public. Bill Pasternak,
WA6ITF, has more:

The Google search engine folks, Goldman Sachs Corporation and the Hearst Corporation have announced an investment of $100 million into promoting Broadband Over Powerline technology. This by putting their trust with the Current Communications Group in the hope of rapidly expanding the reach of broadband throughout the country.

Current Communications is a Germantown, Maryland based company providing Broadband Over Powerline Internet.
A spokesman for the company says that the infusion of capital will help Current to roll out BPL services more quickly to provide voice, video and data services.

Several market watchers have expressed opinions that the Google, Goldman and Hearst investment of $100 million to the technology means that interest in BPL is likely to gain quick momentum. This they say is especially true in rural areas where DSL and cable service are not available alternatives. Ham radio operators say that this is not good news for the hobby.

Bill Pasternak, WA6ITF, Amateur Radio Newsline

There is one flaw with this theory. The real money to be made by BPL providers is in big cities with highly
concentrated populations in need of broadband and not in the hinterlands where customers will be few and far between.

 

 

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