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I worked in IT for a large telco for four years that has a monopoly on an extremely large part of Canada. After years there, learning the insides, working clos
by grecy 3y ago
I worked in IT for a large telco for four years that has a monopoly on an extremely large part of Canada.
After years there, learning the insides, working closely with marketing and sales and all the rest…..I agree with you 100%.
They literally have guaranteed teed profits in the form of VERY large government subsides. Of course they chase them, so instead of FTTH or other interesting initiatives they were hell bent on installing fax lines and copper because they had enormous subsidies.
- simfree 3y agoCanadians love their monopolies full stop. It's a cultural issue where each sector has its handful of heavyweights, of which you have a choice of 1 or 2 to use locally, and even if there is a third option most Canadians just won't consider it. Comparatively, the US has thousands of small banks & credit unions, and tons of small and midsize ISPs that provide a 3rd or 4th option in areas like MDUs where they can make a go of it.