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December 06, 2010

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Dick Pountain

Will - everyone forgets nowadays that BT offered to run fibre broadband all over the UK back around 1986 at its own expense (about £20bn then), if the government would permit it to become a content-provider as well as a carrier. Thatcher refused the offer on ideological grounds and gave the go ahead to a free-for-all of mostly US cable companies. That £20bn that BT offered to spend is by coincidence almost the same sum that was extracted - dentist-style - from the telecoms companies later by the famous auction of mobile wavelengths.

Draw what conclusion you may

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