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Small towns energized by rural entrepreneurs

This rural hamlet of 1,089 residents and no traffic lights was a decidedly sleepy place until Todd Thiel returned and began to globalize his hometown.

After a 10-year stint as an investment banker, Thiel moved back, acquired the town’s red-brick bank building — built in 1908 for the State Bank of Hilbert — and turned it into the international headquarters of his financial-services group.

As he settled in, Thiel lobbied Cingular Wireless to upgrade its local network. Before long, also at Thiel’s behest, the village had rigged a wireless Internet transmitter to its bright blue water tower.

By John Schmid

Milwaukee Journal Sentinel

Full Story: http://seattletimes.nwsource.com/html/businesstechnology/2003180169_btglobalvillage07.html

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