Quote:
Originally Posted by rhyds
Privatisation and competition in the telecoms sector was the best thing that ever happened to it. I can get a business ADSL connection (line rental, BB and next business day fault repair) for £20+VAT. Could the same be said if BT were still the only supplier in town?
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I'm not an expert and no doubt will get corrected, but I'm pretty sure Pip is talking about the privatisation of BT in the 1980's which led to them being the only provider and a private company (thus no incentive to invest in anything other than screwing people over). It's only in relatively recent years that the government stepped in to stop BT blatantly abusing that position. LLU being a prime example, the splitting of BT retail and Openreach being another but I believe pip's point was that had BT not been privatised in the first place, none of that would be necessary.