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We've tried, man. Billions of dollars were given to Verizon, AT & T, etc to build out infrastructure. They took the money and did little or nothing. We have "
by technofiend 10y ago
We've tried, man. Billions of dollars were given to Verizon, AT & T, etc to build out infrastructure. They took the money and did little or nothing. We have "regulatory capture" which is where an incumbent lobbies and gets state or federal regulations that blocks competition. A widely cited figure states that the average broadband customer costs Comcast less than $2/month for broadband internet. Yet they charge more than $50/mo to supply it and recently rolled out data transfer caps. Without any real competition Comcast, et. al. can do what they like.
Google's switching to wireless is in part an acknowledgment that competing in the wired space is costly and fraught with hurdles including lawsuits from incumbents. Could we wire the nation tomorrow with gigabit everywhere? Well not literally, but if there was a "moonshot" program that captured the public's imagination yeah I'd imagine we could get it done in a few years. We've done it before when we really wanted to - the Rural Electrification and Highway programs are two examples from the last century. But it would represent an incredible change from how business is done today and the resulting lawsuits would drag on for decades after the work was done.
- botexpert 10y agoStill, fast wireless depends a lot on fiber. I think it's practically impossible to have a good wireless internet network without cables.
- godzillabrennus 10y agoGuess this means we should see Google at http://www.wispa.org/ http://www.wispa.org/ next year :-)
- hash-set 10y agoWe have worse than that now--we have an FBI and DOJ that have become political enforcement only.
- greedo 10y agoImagine if in 2009, instead of ephemeral "shovel ready" projects, we invested in building fiber to every home.
- mzw_mzw 10y agoHeck, we didn't even invest in "shovel ready" projects. 90% of what we were told was "infrastructure" spending went to shore up state entitlement budgets.
- refurb 10y agoA widely cited figure states that the average broadband customer costs Comcast less than $2/month for broadband internet. Sure it's $2/month if you ignore any fixed costs. Net margin after interest and taxes is high single digits.[1] [1]http://financials.morningstar.com/ratios/r.html?t=CMCSA http://financials.morningstar.com/ratios/r.html?t=CMCSA