Posted on 12/17/2002 1:11:13 PM PST by Willie Green
For education and discussion only. Not for commercial use.
A high-tech phone service launched six years ago to give Washington area motorists personally tailored traffic reports will fold today -- before most people knew it existed.
Local governments spent $8 million on SmarTraveler, calling it an essential public service in a region plagued by traffic jams. The money was supposed to cover start-up costs until the private operator could turn a profit. Five other areas also invested millions in SmarTraveler, but all have abandoned it as a profit-making venture. Those that still use it, including Boston and Florida, pay for it.
(Excerpt) Read more at washingtonpost.com ...
If it could have made a profit, a private sector firm would have created it without government money...
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