US EditionTraverse City Broadband Project Still in the Red and Years Behind Projections - Inside Towers
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Traverse City Broadband Project Still in the Red and Years Behind Projections - Inside Towers
Michigan Michigan utility Traverse City Light & Power says it may finally complete Phase 1 of its municipal broadband network by late 2025, with hopes of turning a positive cash flow in 2026. The project, launched in 2019, has posted annual losses since inception and is expected to lose another $645,000 this year, according to Mackinac Center. Chief Financial Officer Karla Myers-Beman acknowledged the continued losses but called them typical for…
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