The rumble of motorcycles have been heard all day as the 85th Annual Laconia Motorcycle week begins. Even with the increase in gas prices and a somewhat sluggish economy, almost 300,000 motorcycle enthusiasts are expected to visit New Hampshire over the next nine days.
Laconia is one of the Big Three motorcycle rallies, with Daytona and Sturgis being the other two.
While most of the visitors will focus on the Lakes Region of New Hampshire, a number of other areas of the state have been working to attract some of those visitors. Over the past few years they've succeeded, drawing a larger crowd every year.
About the only downside to all these motorcycles being here will be the constant rumble they create as they travel about the area. Even here at The Manse we'll hear them as they wend their way along the roads that follow the shores of Lake Winnipesaukee.
It is this event that I see as the true beginning of the summer season, one to which I look forward every June.
Showing posts with label New Hampshire. Show all posts
Showing posts with label New Hampshire. Show all posts
6/14/2008
12/18/2007
NHPUC Raises Questions About Verizon/FairPoint Deal
As the date of the proposed sale of Verizon's wireline system in northern New England to FairPoint approaches, regulators have some questions and some doubts about the wisdom of the sale.
In New Hampshire, the state Public Utilities Commission has serious doubts about the sale as proposed.
The biggest problem New Hampshire has with the deal is the price of the sale, $2.7 billion, which the PUC believes is too much for the assets being acquired, which will leave FairPoint unable to service their debt, pay expected dividends, and expand broadband access as they have promised.
My problem with this sale? FairPoint is buying an increasing share of a decreasing market. Even with their plans to make DSL widely available, it will be too little to late. DSL is a soon to be obsolete technology. It is incapable to providing the bandwidth that will be needed in the near future. Only fiber optics, in the form of Fiber To The Home, can provide the voice, data and video bandwidth the future demands. FairPoint will not be deploying fiber, meaning they won't be able to keep up because they will be deploying the wrong technology that will quickly leave northern New England behind the rest of the nation when it comes to broadband access. That's not in our best interests.
This is one deal that should die.
In New Hampshire, the state Public Utilities Commission has serious doubts about the sale as proposed.
Public Utilities Commissioners worried aloud about FairPoint Communications Inc.'s promises of expanded broadband, financial viability and changing terms of its proposed $2.7 billion purchase of Verizon's landlines in New Hampshire, Maine and Vermont.
"One conclusion has become clear, and that is that the petition as filed is not in the public interest," Commission Chairman Thomas B. Getz said.
"Given that conclusion, the question then becomes is there some set of conditions that would satisfy the public interest," he said.
The biggest problem New Hampshire has with the deal is the price of the sale, $2.7 billion, which the PUC believes is too much for the assets being acquired, which will leave FairPoint unable to service their debt, pay expected dividends, and expand broadband access as they have promised.
My problem with this sale? FairPoint is buying an increasing share of a decreasing market. Even with their plans to make DSL widely available, it will be too little to late. DSL is a soon to be obsolete technology. It is incapable to providing the bandwidth that will be needed in the near future. Only fiber optics, in the form of Fiber To The Home, can provide the voice, data and video bandwidth the future demands. FairPoint will not be deploying fiber, meaning they won't be able to keep up because they will be deploying the wrong technology that will quickly leave northern New England behind the rest of the nation when it comes to broadband access. That's not in our best interests.
This is one deal that should die.
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