Granted, the situation above is in a densely populated area, and service
is slower outside the cities, but we should have comparable choices in
our cities, subsidized or not, instead of just 10% of those speeds here.
Is there a technical roadblock?
There are several technical roadblocks, mainly those of scale.
I've tried to explain those in other posts. Our effort amounts to
rebuilding the telecom infrastructure on a short timeline without
subsidies, and we expect to make a profit eventually doing it.
Right now it's capital investment but my shareholders still expect
dividends every quarter.
We have things like pass rate versus take rate to consider.
Believe it or not there are people who aren't interested even if
they can get it and it's less expensive and usually better than what
they have.
I'm betting that this investment will pay off. I'm really counting on
the big cities to provide the economies of scale that will make
this pay off.
But regulatory approval has only recently come through for New
York and DC. This is on a community by community basis and
is far more involved than a casual perspective would suggest.
I've tried to provide a relatively unbiased perspective on this
and shed some light on the difficulties involved. I WANT to
do this, I think we HAVE to do this, and I want to be involved
in doing it.
But private industry is the way to go here. I want to compete,
I expect to. I am prepared to. I have the technology, the experience
in large scale infrastructure, and the people to do it. What I need
is not money, no state subsidies necessary. Just grease the
regulatory skids a little and I've got the technology to make it a
reality. I'll create the jobs, good jobs, and deliver a profitable
outcome for my stockholders and a state of the art broadband
network.
Are you sure you can trust me? Well, nobody ever lost their shirt
betting on American know-how when the chips were down.
What's the downside? Well, I'm in it for the money. I'll be
absolutely honest about that. One reason I can deliver great
world-class product to Americans is because I have American
employees that are well-compensated and trained, respected by
their employer, and are stakeholders in the business.
It's simple, it works. The economy isn't in recession because
my people and I don't technically know how to deliver superior
product, we do. We've proven it. All we're asking for is a
chance.
We may not be financial wizards but we're not broke yet. And
we are definitely not ready yet to take money we didn't create
from our own efforts.
And that will be my last political post.
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