Reply to post: Re: Admission

Openreach offers more wholesale fiber discounts, rivals call foul

low_resolution_foxxes

Re: Admission

The usual argument against this would be that when companies (or governments, individuals etc.) are given too much monopolistic power, it leaves the management and unions with no incentive to regulate costs, and every incentive to raise costs.

Processes bloat. Staff numbers bloat. The legal and marketing departments triple in size. Average employees start being overpaid and underworked (did I hear recently that 16% of BT employees earn over £50kpa....?!?!). Simple changes start taking 3-4 years to implement. Costs must increase at 3-8% per year to maintain the status quo.

BT are paying ~ £1bn a year just to fund the hole in the retired employee pension fund.

And then you get an altnet who comes in with no debt, no sprawling empire of 500+ processes, and simply gets on with the job of laying fibre optic cable wherever it needs to go for half the price.

That being said I'm actually a reasonably content BT broadband and EE customer. But they are on the pricey end.

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