Current Communications, the company that has been operating a broadband over power line network in Dallas, has agreed to sell the network to local utility company Oncor for about $90 million. Oncor does not plan to use the network for a consumer service, so Current's, uh, current customers can wave good-bye to the broadband Internet and DirecTV services they were receiving over the network and head back to the cable TV company or telco that probably had been providing them with broadband before they fled.
Current's Dallas project has been one of the highest-profile BPL projects, and it could be a big blow for a technology that has so far failed to have any real impact on the broadband market.
For more:
- see this story at The Dallas Morning News