The Broadband Hot Potato

Tim Nulty is trying to raise $100 million to bring rural Vermonters into the Internet age.

A year ago, Mr. Nulty, a silver-bearded economist with 35 years of telecommunications experience, was tapped by a group of small towns here along the Green Mountains to build a fiber-optic network that would provide high-speed Web access to their citizens. Barreling through the credit crisis and then the recession, Mr. Nulty has struck out with state authorities, big investment banks and wealthy individual investors. Now he’s turning to the federal government for help.

By AMOL SHARMA

Full Story: http://online.wsj.com/article/SB123612370867623587.html