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Man who built ISP instead of paying Comcast $50K expands to hundreds of homes

(arstechnica.com)
1135 points carride | 1 comments | 10 Aug 22 13:23 UTC | HN request time: 0s | source
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boplicity ◴[10 Aug 22 16:59 UTC] No.32415153[source]▶
He's getting $2.6 million to set up access to 417 homes. That works out to $6,235 per home. At $55 per month, it would take 113 months, or over 9 years just to get $2.6 million in revenue.

Horrible economics! What a crazy business to be in. No wonder grants like this are necessary.

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1. FredPret ◴[10 Aug 22 17:25 UTC] No.32415553[source]▶
It’s a utility. Utilities have very stable revenues and very long payback periods. Nine years is pretty short in this context