Quote:
Originally Posted by jfman
The fact you can name a single supplier (on a small scale) doesn’t mean the telecoms market trends to perfect competition.
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LLU and the subsquent VULA with FTTC has created the most competitive Telecoms market in Europe. Granted it is now reliant on dated technology, but most of that was achieved through solid regulation and private finance.
In most areas there is a choice, be they Openreach delivered propositions or private network like Virgin Media or Cityfibre. The market has worked incredibly well in this country, although price doesn't always reflect quality.
Its very rare for innovation to come from publically owned industries, those run as a state enterprise are an exception to that rule. But nationalised assets have a nasty habit of needing subsidy from the taxpayer, which is why the mines, steel works, shipbuilding died out in many areas.