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As already stated the meter will suppress the network signal
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Why? As far as I can see, the apart from being swamped by noise as you get too far away the only other thing that would stop signal transmission is a transformer. If you take a look at the powerline white paper it pretty much says as much there - in the section on security it says that encryption should be used because typically more than one house is fed from the same transformer so close neighbours could potentially eavesdrop.
I strongly suspect that the bit about the meter presenting a physical barrier to the signal was added by the marketing dept.