The Virgin Islands Daily News reported back on 25 March 2011 that the U.S. Virgin Islands legislature decided to send a bill that would have authorized $42 million in bond financing for broadband. According to the article, legislators had a problem with what senators considered as excessive spending for the project.
According to testimony from the staff of the V.I Next Generation Network, the agency responsible for building out the broadband network in the V.I., although $29 million in financing can build the network, the agency would need up to $42 million to make it fully operational.
If there is any jurisdiction that needs to adopt broadband technology, it’s the V.I. Opportunities are naturally limited due to geography. Too many of the young people there are faced with the decision of staying home or going “off island” to find opportunities.
I ought to know. I was born and raised in St. Thomas.
Given the amount of talent that we have in all three islands, and the alternative communications platform that can prove beneficial to an insular area, this is an opportunity that should not be passed up on.