Wednesday, April 4, 2012

Dryden says DMTS doing ok

The City of Dryden says DMTS is still very much in business. The audited 2011 financial statements have been released and Dryden Mobility has incurred losses to date of over 8.3-million dollars. That includes an operating loss for 2011 of more than 3.7-million. City Manager Joe Van Koeverden admits they have had financial difficulty in delivering cell service to the area. He notes the chosen technology, in the end, has fallen far short of what was promised and staff are aggressively pursuing replacement opportunities.