Thursday, March 16, 2006
$200 Billion Telecom Ripoff. Summarized!
The Nieman Foundation for Journalism at Harvard University has published a great summary of Bruce Kushkick's $200 Billion Broadband Scandal book. According to Kushnick, the reason the U.S. is falling behind the rest of the world in broadband-per-capita is that the Bells promised broadband, but then lied, cheated and stole instead of delivering it!
By 2006, according to telecommunication companies’ own documents, 86 million customers in the United States should have received 45 Mbps service . . . the merger(s) of the phone companies that control the phone networks decreased competition. Instead of deploying the high-speed fiber-optic lines they promised, they were content to collect profits, tinker with existing copper connections instead of rewiring, and roll out inferior DSL services.Worth. Reading.
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