Mayor Billings says the deal is done (but not signed) but the investors due diligence is not complete. Since the due diligence is what determines if the investors will provide the money, that seems like a pretty important "detail" to have completed BEFORE Provo starts counting their chickens and turning over control of the network?

What if the investors look closely into the same black hole George Stewart keeps looking into? George should be more low key about pointing out how the network is on track to lose another $15 + million over the next 5 years. It's one heck of a turn around company that can convert a $15 million dollar loss into a profit.

All those that cried about poor notice on the sale may have an opportunity to put their money where their mouth is when Sorenson Capital does it's due diligence? Good thing George is not helping with that.

Watch for other aspects of the deal starting to come apart.

For all Broadweave's TALK of communication with customers...they have totally failed to do so. Can you believe them taking over the network and not sending even a single mail piece to customers?

Broadweave's customer focused?

I've tried calling Broadweave several times. No one answers and they never return my calls. Great way to get the business started. Hope their follow thru is better than the initial impression.

Oh and did you hear the one about... Veracity tucking there tail and running. They picked up their toys and went home. They no more a part of Broadweave and have no plans of returning... wonder who owns those customers? After all they announce they merge with Broadweave .... hum how does that work? Sounds like a deal went sour or maybe they just know when to bail.

This deal has died and Mayor Billings, Kevin Garlick, and the council know it. Veracity has walked out on the deal. Sorensen Capital has also walked out on the deal. There is no way this can come to a successful end. Provo has squandered it's staff and put the network in dire peril. Come on Mayor Billings it's time to start being honest and telling your citizens exactly what you have done here. Sooner or later you have to come clean.