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Originally Posted by Mr Banana
Just watched an interview with VM CEO and he made some interesting points. VM are approaching the build in a way that they can get to new customers fast. He pointed out that BT have infrastructure in rural areas that they were given when they were privatised, yet they use the government funding they apply for and spend in areas where VM already are.
His view is that they should be using that money in rural areas?
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BT were not 'given that infrastructure' they bought it when they were privatised through share holdings. The government were paid by share holders when they sold their stake in the company in 1991 - 1993 and they were also paid previously when BT privatised and floated on the stock market. I hate this attitude that BT were given their network and given the monopoly on telecommunications in this country.
BT do use government subsidised finances to fibre up the rural areas where it wouldn't otherwise be profitable for BT to do so.
Quote:
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Virgin has begun the process of expanding its network to 110,000 homes across east London, Glasgow, Sunderland and Teesside.
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These are all areas where Virgin already is and there are huge service gaps, so it looks like Virgin won't be coming to any new areas any time soon.
---------- Post added at 19:44 ---------- Previous post was at 19:40 ----------
Quote:
Originally Posted by Mr Banana
Its a big wow in terms of investment and job creation. Try an on line dictionary if you are unsure what investment means.
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Yes, this is fantastic. 6,000 jobs created. The Tories will be happy, as they can tout it as their doing.