Telco wouldn't install fiber network, sued to prevent city f - The small town of Monticello, Minnesota seems an unlikely spot for a battle over city-owned fiber-to-the-home. The town, which is a distant commute to Minneapolis, thought it could better attract residents and business by building its own fiber-optic network. After a couple years of due diligence, the town held a referendum; 74 percent of voters agreed to fund the $25 million scheme. The city sought the needed municipal bonds, but the day before it closed on them, the local telco filed suit to stop the plan. Its claim: taking out bonds to build a fiber network is illegal.
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