Trebejo,
I'll disagree - pretty strenuously, actually. These assets (telecom for regulatory purposes) have historically been in the hands of publicly owned or regulated utilities. As a result, they were horribly mismanaged and the public paid the price.
Once the sector was privatized and opened to competition, prices dropped like a rock. There should be no doubt about this - it was specifically as a result of private sector competition. In fact, prices dropped so quickly and steeply that a few of the highly levered companies which laid the fiber went bankrupt.
If these assets were in the public sector, you can bet anything that high speed service would be sparse, hard to find and very expensive.
We've been there, no one should want to go back.
Marty
I'll disagree - pretty strenuously, actually. These assets (telecom for regulatory purposes) have historically been in the hands of publicly owned or regulated utilities. As a result, they were horribly mismanaged and the public paid the price.
Once the sector was privatized and opened to competition, prices dropped like a rock. There should be no doubt about this - it was specifically as a result of private sector competition. In fact, prices dropped so quickly and steeply that a few of the highly levered companies which laid the fiber went bankrupt.
If these assets were in the public sector, you can bet anything that high speed service would be sparse, hard to find and very expensive.
We've been there, no one should want to go back.
Marty