Long distance telephony is a poor analogy-- the high cost in the U.S. was due to regulated market structure (govt policy enforced a monopoly), not the underlyin

Long distance telephony is a poor analogy-- the high cost in the U.S. was due to regulated market structure (govt policy enforced a monopoly), not the underlying tech. Once the courts opened the door to competition by breaking up Ma Bell and MCI v. ATT , costs collapsed.