Re: Err.....
The cable companies went bust.
Virgin is the result of consolidation of bankrupt cable companies who were unable to cover the costs of their rollout from subscriber revenues.
In what way is this a viable financial model for cabling up expensive locations?
1) Raise money from investors.
2) Roll out new infrastructure.
3) Go bust so investors lose their money.
4) Fire sale of assets
5) Company without the capital cost overhead makes........
6) Profit.
As has been stated so many times, if there was money to be made by rolling out new networks then everyone would be doing it.
If you want to fully split off OpenReach then make sure that it has a Univesrsal Service Provision charter, and the right to recover costs spread across the whole country. This means raising the access costs for everyone, plus a levy on other urban networks to prevent "cherry picking" so that the playing field is truly level. Share the pain for the common good. This should also solve the "bought out by foreign asset strippers" problem.
Or renationalise it ; oops, that means any funding for expansion is on the Government books. Same problem with the Government setting up an organisation to build out fixed and mobile networks to the last 5%. The Government is desperately trying to get capital expenditure off the books through Public Private Partnerships which has already been shown to be a fine way to reduce long term costs.
Hey, why not just demand cheap stuff because........
Easy. Just be careful what you wish for.