The small town of Monticello, Minnesota has emerged victorious in its legal battle against TDS Telecom. Unimpressed by the DSL and cable services being offered by TDS Telecom, the town with a population of 10,000 people decided to build a fiber network on its own.
But this riled up the telecom company’s feathers. TDS quickly adopted a browbeating approach and filed a suit against the town over the proposed fiber network. The company argued that revenue bonds can not be used for something – broadband internet – that isn’t actually a “utility”.
The court has dismissed TDS’ suit. The Judge said that the town has full authority to fund the project with bonds (worth $26.4 million) .