It means that you can get broadband service for $30 +/- monthly. Utilities across the country will be rolling out this service ASAP. It will be cheaper than CATV (eg. roadrunner) and DSL (eg. Verizon). It's the "third pipe" into your home. There's only one company presently that you can invest in. It's Ambient (ABTG).
i happen to have moved a couple of weeks ago. i am currently searching for cable/internet services. i was thinking roadrunner or RCN service. i assume it will take the power companies time to catch up with the service. i live in NYC so hopefully we'll get it relatively soon.
"There's only one company presently that you can invest in. It's Ambient (ABTG)."
What about Cinergy (CIN) itself, the electric utility holding company mentioned in the article. They pay over a 4% dividend and look like any of a number of other utilities in terms of P/E, debt, etc. Does this new technology being introduced through their system first give them any chance at improved income and profits?
It means that you can get broadband service for $30 +/- monthly.