[jfman]

None of them like being in a competitive market, that’s why they (private equity) are sinking billions into telecoms where the outcome is oligopoly pricing underpinned by regulation on the incumbent. This is true whether we end up with two or three players in the market at network level with pretend competition on the retail side.

Pretending that the market will sustain more competition than it can will only exacerbate the sub-optimal allocation of resources (build) with the state having to pony up the difference for rural build through Project Gigabit.