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American telecoms are not a comparison. Google had to pay for all the infrastructure to roll out the fiber, whereas others were susbsidized by the government.
by shaklee3 8y ago
American telecoms are not a comparison. Google had to pay for all the infrastructure to roll out the fiber, whereas others were susbsidized by the government.
- intended 8y agoTelcos are compared to each other, the same way car firms are - that’s the essence of a comp. Google fiber is, in the end, compared to the same companies because they had to make the same capex. The subsidy will be accounted for in the financial calculus.
- shaklee3 8y agoExactly. But Google had no subsidy as far as I know, so the margin to be profitable must be higher.