Cable Forum - View Single Post - BT should be forced to sell Openreach service, report says

**Chris** · 31-01-2016, 00:40

Just for a little off-topic devil's advocacy, Railtrack was indeed technically bankrupt, but only because the government withheld funding which Railtrack had been banking on (literally). The government then used the excuse of bankruptcy, which it had precipitated, as the pretext to nationalise it (though they never actually called it that, that's exactly what it was).

31-01-2016, 00:40	#15
Chris Trollsplatter Cable Forum Team Join Date: Jun 2003 Location: North of Watford Services: Humane elimination of all common Internet pests Posts: 38,328	Re: BT should be forced to sell Openreach service, report says Just for a little off-topic devil's advocacy, Railtrack was indeed technically bankrupt, but only because the government withheld funding which Railtrack had been banking on (literally). The government then used the excuse of bankruptcy, which it had precipitated, as the pretext to nationalise it (though they never actually called it that, that's exactly what it was).