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Investors and shareholders are not in favor of pouring billions of dollars a year into infrastructure either. That's why we're seeing this rent seeking behavio
by politician 12y ago
Investors and shareholders are not in favor of pouring billions of dollars a year into infrastructure either. That's why we're seeing this rent seeking behavior, and one reason why we have slower speeds than other modern nations.
Yes, I am in favor of municipal fiber-to-the-home solutions paid for with public dollars given the critical importance of these "dumb pipes".
- rayiner 12y ago> Investors and shareholders are not in favor of pouring billions of dollars a year into infrastructure either. Comcast spent $5.4 billion on capital expenditures in 2013: http://www.cmcsa.com/releasedetail.cfm?ReleaseID=821438 http://www.cmcsa.com/releasedetail.cfm?ReleaseID=821438. TWC spent $3.2 billion: http://ir.timewarnercable.com/investor-relations/investor-news/financial-release-details/2014/Time-Warner-Cable-Reports-2013-Fourth-Quarter-and-Full-Year-Results/default.aspx http://ir.timewarnercable.com/investor-relations/investor-ne.... Verizon and AT&T regularly top the list of companies with the highest U.S. capital expenditures, and Comcast and TWC are usually in the top 25: http://www.businessinsider.com/the-25-companies-investing-most-in-america-2012-7?op=1 http://www.businessinsider.com/the-25-companies-investing-mo.... > That's why we're seeing this rent seeking behavior, and one reason why we have slower speeds than other modern nations. Like? We compare quite favorably to countries like Canada and Australia, which have similar problems as we do with lack of density. According to Akamai's testing, we're in the top 10 worldwide for measured average connection speeds: http://www.akamai.com/dl/akamai/akamai-soti-q413.pdf?WT.mc_id=soti_Q413 http://www.akamai.com/dl/akamai/akamai-soti-q413.pdf?WT.mc_i... (page 19, Figure 20). Ookla's NetIndex puts us ahead of Canada and Australia, and only slightly behind the UK and Germany: http://www.netindex.com http://www.netindex.com. Our Northeastern states, like New Jersey and Pennsylvania, which have density comparable to continental Europe, have average connection speeds comparable to France, the EU standout. > Yes, I am in favor of municipal fiber-to-the-home solutions paid for with public dollars given the critical importance of these "dumb pipes". You don't, because when public dollars are involved, you get "lowest common denominator" levels of investment. Comcast's average user uses 2-5 GB/month. If telecom infrastructure was provisioned according to these people voting, do you think the resulting level of investment would be at a level that would make the folks on HN happy?
- politician 12y ago> Comcast spent... Absolute dollars isn't as interesting as a trend. According to the National Cable Telecommunications Association, expenditure on broadband infrastructure has declined over the past 5 years. http://www.vox.com/2014/5/12/5711082/big-cable-says-broadband-investment-is-flourishing-but-their-own-data http://www.vox.com/2014/5/12/5711082/big-cable-says-broadban... > We compare quite favorably to countries like Canada and Australia. According to a 2013 report by Ookla, US ranks 31st in download speeds. http://venturebeat.com/2013/11/26/america-falls-a-dismal-31st-on-ranking-of-consumer-download-speeds-report/ http://venturebeat.com/2013/11/26/america-falls-a-dismal-31s... > You don't, because when public dollars are involved, you get "lowest common denominator" levels of investment. That must explain why Comcast and other monopoly providers fight municipalities tooth and nail against local broadband projects. I respect your opinion, but I disagree that communication infrastructure is not a public good.
- rayiner 12y agoAnd Canada ranks #37, and Australia #55. The average speed on Ookla's test for the U.S. was 24.34 megabits. Germany was at 25.38 and the UK at 27.01. It's insane to compare a country like the U.S. to a country like Belgium that is more than ten times more dense. If you look at the northeastern states, which have densities closer to Europe (500-1000 per square mile versus 90 per square mile which is the U.S. average), average speeds range from 30-38 megabits, well ahead of the U.K. and Germany which are comparable dense, and on par with countries like Belgium, etc.
- politician 12y agoThat's true; I would have loved to have found a source that provided speed by municipality rather than country which as you point out here (and earlier) is subject to density. Barring additional evidence, I concede the point.
- danielweber 12y ago> We compare quite favorably to countries like Canada and Australia. According to a 2013 report by Ookla, US ranks 31st in download speeds. You know you didn't disagree with him at all, right? Your source shows the US beating out Canada comfortably, and Australia overwhelmingly. The US is not going to match the #1 and #2 on your list, Hong Kong and Singapore, ever, because it is trivial to wire up a single dense city with weak democratic red tape. I can't say this with 100% (I may have missed one comparing lists from different sources), but it looks like there's no country within an order of magnitude of America's land area that has higher download speeds on Ookla's list. EDIT Yep, confirmed. It looks like the biggest country that is faster than the US is France, which is 547,000 sqkm, while the lower US's land-only area is over 7.6 million sqkm.