How much would it cost to set up an ISP for a city the size of Atlanta?
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It would cost a ****load.
To conduct a feasibility study that can answer that question with any meaningful level of accuracy would cost at least USD$1,0.
It will not happen – fibre-to-the-home model of distribution is too expensive to implement in wide geographical distribution of users. A business model like that would consistently lose money. It works in South Korea and Singapore only because the user density is incredibly high.
1 million dollars