Wow. This makes me hate the U.S. telecom providers even more.
I know it's not a fair comparison considering how spread out the U.S. is, but still, I'm paying $80 for Internet and phone. Where's all my money going?
I know it's not a fair comparison considering how spread out the U.S. is, but still, I'm paying $80 for Internet and phone. Where's all my money going?
I am guessing:
- its more expensive to distribute service when population is spread out over larger area.
- There is no genuine competition which keeps the price and service at same rate year after year.
- In major cities (like here in NY) there is no prospect of major competition since cities make long term deals with operators.
- lack of proper regulation (at present but I know they are working on it), that encourages operators to provide faster connection and cheaper price.
- I am 100% speculating here, but I think I remember reading somewhere that in countries like Korea and cities like HK the operators are heavily subsidized to provide faster internet connection at lower price. Not sure if its still true.