The LUS Story ( Fiber to the Home ) and more ...

[HoustonCajun]

_ I didn't really hear it mentioned, but yesterday was UL day the State Capital. T Joe and a Vermilion and white brigade was there to represent us. I am told everything went very well. All part of us lifting our profile in the state. _

This should be expanded on in another thread dedicated to UL Day at the State Capital. Can anyone provide details?

[wcd35]

_ This should be expanded on in another thread dedicated to UL Day at the State Capital. Can anyone provide details? _

Apparently it was May 19th going by the original comment.

[RaginCajun08]

_ Could prove to be big stuff in the near future...

http://ultoday.com/node/3807 _

Just hand a chance to read the article. Great stuff there.

[NewsCopy]

"One of the major areas is to continue to cover the cost of serving new customers." Lafayette Consolidated Government officials have begun the process of taking out a $5.5 million loan for LUS Fiber. Those dollars will come from LUS' utilities ...

The rest of the story

[NewsCopy]

LUS Fiber and Sprint representatives say they will make a "major announcement concerning the development of a unique partnership" in Lafayette Monday, Oct. 17. City-Parish President Joey Furel and LUS Fiber Director Terry Huval will be joined by ...

The rest of the story

[CajunRed]

They'd better find SOMETHING to help improve their model...cause right now it's sucking and losing money faster than a Cajun DB on a pick 6!

[CajunFan3406]

I must say, I am VERY impressed with the contractors putting in all the lines and hardware. There was literally an army of workers, probably 50 in my little neighborhood. Everything was installed in one day. When they filled in the holes they dug, the put the grass back on top, packed it down, they shoveled up all the dirt, an they even swept up dirt off the driveways and sidewalks. Other than the main switches (i guess thats what they would be called) on the ground, you cannot tell they were even there. It was amazing.

BTW, I live with my parents at the very edge of Lafayette, literally, ours is the last neighborhood on Congress before you leave town, and we're in Phase 1!

Wow! Wish my apartment complex would've gotten the same guys. I may take a picture of the absolutely horrendous job the contractors over here did. They didn't clean up after themselves and the j-box they installed is now laying on the ground. As an electrical engineer I want to find they guy in charge of overseeing our complex and punch him in the face. My company would never do such shoddy work, and I guess I'm foolish in thinking other companies would have the same sense of pride in their work.

[CajunFan3406]

2.11 and .13 from my super high speed Bell South DSL. No available cable or fiber where I live.

It's ok pops. At least you guys have 3G at the house now. :-)
Probably faster than the DSL speeds you guys are getting. Haha.

[BeauCajun]

It's ok pops. At least you guys have 3G at the house now. :-)
Probably faster than the DSL speeds you guys are getting. Haha.

It's about time you get on RP. Lots of info here.

[CajunFan3406]

It's about time you get on RP. Lots of info here.

Yup. I'd always come check it out but didn't feel compelled to create an account until last month whenever someone was looking for a link to that Bentley pick 6 against OSU.

[CajunFun]

OK, here's the news, big collaboration for LUS and Sprint: http://ultoday.com/node/4577

[CajunRed]

LUS Fiber lost $45,000...PER DAY... in this past fiscal year. Ouch.

[CajunEXPRESS]

A major loss indeed, if the numbers are anywhere close, over sixteen million dollars. Explain the benefits of this government run operation again?

[CajunRed]

And the people of the city of Lafayette have now had $125 million in bonds sold on their behalf. The price increases for LUS fiber service are now beginning...but there is NO way they can increase monthly rates by enough to cover the millions the system is losing. As the rates go up...above what those who switched to Fiber thought they would be...many/most of those people will leave, making the losses even greater.

[CajunRebel]

LUS Fiber lost $45,000...PER DAY... in this past fiscal year. Ouch.

Where did you get this number from?

[CockyCajun]

Where did you get this number from?

http://www.theadvertiser.com/article...y=mod|mostview

Because this is a government run business they ignore real value only looking at assets vs debt.

[RedBug58]

http://www.theadvertiser.com/article...y=mod|mostview

Because this is a government run business they ignore real value only looking at assets vs debt.

Theriot has shown himself to be a goofball with intent to damage the administration. When I saw his name in the article, all creditability was gone.

[RaginCajun77]

Theriot has shown himself to be a goofball with intent to damage the administration. When I saw his name in the article, all creditability was gone.

The administration has proven they have little credibility as well. LUS Fiber was a bad idea from the get go. The project is not even available to 100% of residences within the City of Lafayette. So automatically you give up a portion of the market. So now you are left to fight over the market pie that is left and guess what? LUS will not get 100% of the remaining market pie. Competition is fierce and while LUS is currently able to offer a slightly lower price point, the $45,000 loss a day suggests that prices need to rise. If LUS loses its competitve advantage in terms of price, what do they have to offer the consumer? Fast Internet? The average consumer probably doesn't need the internet speeds LUS is offering.

[Turbine]

LUS has really made COX step up its game in Lafayette.

I have the fastest internet COX offers here in Vermilion Parish, which is nothing compared to COX in Lafayette.

[CajunRed]

Theriot has shown himself to be a goofball with intent to damage the administration. When I saw his name in the article, all creditability was gone.

The auditors stated...correctly, I might add...that LUS Fiber (as is legally the case with all public utilities) is NOT suppose to operate at a loss. The auditors are pointing out that the system is losing millions...and that rates should be increased to cover costs. Customer rates are currently WELL below what is necessary for LUS to break even.