Toronto to become giant wireless hotspot

Brian Sharwood, a telecom analyst with the Seaboard Group in Toronto, said it makes sense for a utility to recoup the cost of supporting smart meters by also selling wireless broadband services. "In a way that's the excuse to do all of this," he said. "You're going to run it past a lot of people anyway."

He said Canada's largest municipal electrical utility, which last year purchased Toronto's street light system for $60 million, will likely install the necessary wireless transmitters and receivers atop every fourth or fifth lamp post as a way to blanket the city with coverage -- what the industry describes as "wireless mesh networking."