Mark Evans of RealTechNews writes:

There’s been a lot of talk but not a lot of walk about broadband-over-powerline technology that would provide an alternative to broadband Internet access service from the carriers and telcos. Well, it looks like BPL is prepared to take a big step forward on news of a deal between Current Communications Group and TXU Corp. that could see broadband service delivered over electrical lines to more than two million people in Texas.

Current plans to raise $100 million from a group of investors that includes Google, Goldman Sachs and Liberty Associated Partners. TXU, the largest utilty in Texas, and Current are offering BPL to customers in Dallas-Fort Worth, and have plans to offer it to two million customers in North Texas.

More on BPL Here

[tags]realtechnews,mark evans,broadband,bpl,high speed internet,broadband over power lines[/tags]