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Strategies & Market Trends : Befriend the Trend Trading

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Dec 11 4:00 PM EST

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From: Dr. Stoxx	10/4/2005 6:44:20 AM
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06:41 GOOG Google GOOG Google faces obstacles in SF WiFi bid - CNET News.com (318.68 ) According to CNET, Google is the celebrity runner in SF's race to become the first US city with affordable or free wireless access to the Internet. But any such deal faces likely lawsuits or legislation, Mayor Gavin Newsom said Monday. Among other dissenters, SBC and Verizon Comm and Comcast have publicly and privately criticized the city's project, calling it "foolhardy" given that low-cost access to the Internet is already widely available to the public in SF, Newsom said during a press conference at City Hall. "Either they're right, or we're onto something," Newsom said, adding a strong note of confidence in his plan to tear down the digital divide between poor and wealthy people's access to broadband. "This is inevitable; it's long overdue; and the public has a fundamental right to have access to information," Newsom said.

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