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- The telcos paid as well.
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The telcos insist they've paid a lot of money for fiber lines.
Quoting this article:
Telecommunications providers generally argue that they have the right to be compensated for money spent in building the networks and to create a "fast lane" for those willing to pay up. Intrusive federal legislation, they say, would reduce the incentive to invest in speedier networks in the future.
EoQ
And here's an example, a news story from 2004:
Quoting:
SBC Communications on Thursday said it plans to spend $4 billion to upgrade parts of its copper wire network with faster fiber-optic lines.
With a program called Project Lightspeed, the Baby Bell phone giant plans to invest in stretching more fiber-optic lines to neighborhoods, also called "nodes," and begin offering Internet-based video service. Details on the investment come weeks after SBC announced that it would spend $1.7 billion for equipment maker Alcatel to provide technology for its fiber infrastructure.
EoQ
http://news.com.com/SBC+to+invest+4+billion+in+fiber+upgrade/2100-1034_3-5449219.html
I expect I'd find more news of major investments. The need for those expenditures didn't do the stock prices much good.
Investors apparently hate to see a company investing in improvements, but reward elimination of staff essential to product improvements.
I think the telcos did spend cash, and they're influential enough to assure that governments do not prevent them from getting a return on the investment. - Posted by: Anton Philidor Posted on: 03/03/06 You are currently: a Guest | Members login | Terms of Use
What do you think?
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