Comment Re:About time (Score 1) 118
But the point is that the cable provider is collecting probably $60 per month from every person on the plan. So if there's 500 homes sharing your connection and hogging the bandwidth, the cable company is collecting $360,000 per year from your neighborhood. They could replace all of their copper wiring with fiber and upgrade your connection speed so that everyone in the neighborhood has all the connectivity they can use, and recover the cost of their investment within a few years and have plenty of happy customers.
But why should they bother, when they have a natural monopoly and effectively no competition. They can let you and your neighbors fight for bandwidth on the copper cables, ignore your dissatisfaction, and just cover their operating costs and stick most of the $360,000 per year right into the "net profit" category.
But why should they bother, when they have a natural monopoly and effectively no competition. They can let you and your neighbors fight for bandwidth on the copper cables, ignore your dissatisfaction, and just cover their operating costs and stick most of the $360,000 per year right into the "net profit" category.