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This is such a broken market. This sort of money should normally be going into re-investing in domestic infrastructure, continuing to offer improved services an
by mtgx 8y ago
This is such a broken market. This sort of money should normally be going into re-investing in domestic infrastructure, continuing to offer improved services and customer support to customers, and so on.
Instead, because there's no real competition in the ISP market, these companies use their coffers to get into new markets and spread themselves thin, while ignoring their core markets because they have those customers locked-in so there's "no need" for any significant improvements for the core service.
If there was high competition in the ISP market, these sort of acquisition wouldn't happen very often, because the ISPs would have to be very vigilant about other companies stealing their market share and doing everything in their power to keep their existing customers happy and give strong incentives to new customers to come on board.
- onetimemanytime 8y agothey allowed them to buy companies one by one, they saw trees but not the forest. Maybe they didn't want to see it. Buying a company 10 years ago was no big deal but the competitors also did the same over and over again and now we only have a handful of large companies. They have the money, or access to it, a startup has no chance to raise $40B to buy SKY or almost $75B to buy Fox... Short of a court ordered breakup, I see no solution.