That article appears to be misinterpreting the quote from the Goldman report. It says it would take 70B to wire up 50 million homes, which is less than half. Th

That article appears to be misinterpreting the quote from the Goldman report. It says it would take 70B to wire up 50 million homes, which is less than half. The article then just doubles that figure and assumes that is what a nationwide deployment would cost. That is flawed for two reasons: 1) First, 50 million homes is more like 40%. "less than half" isn't half. 2) Not all homes are equal. Presumably Goldman meant the easiest/most profitable 50 million homes. It costs much much much much more to wire up rural and exurban homes. Verizon spent 15bn wiring 17 million houses, but it only did rich areas. And they only got 4 million of those houses to actually sign up. Nearly 4k capital outlay per subscriber is a lot for a service that only costs 75 bucks a month. >Apple has $230 billion cash on hand. Microsoft has $100 billion. Alphabet has $73 billion. There's no shortage of capital to start with metropolitan areas. Yea but those companies won't use that capital on a relatively low margin industry like telecom. There is a reason Verizon is selling off as much wireline as it can. It's really not a great investment.