The U.K. government is going to subsidize the national broadband network in rural areas by giving £1billion to BT to connect about 12 million households in the countryside. Half of the money is coming from the U.K. government, and half from local taxes.
However according to a leaked document purportedly from a briefing for officials at the Culture, Media and Sport department, one expert at least charges that BT is overcharging, using a mark up of up to 80 percent.
BT denies the charge, of course.
Wednesday, October 3, 2012
Did British Telecom Inflate Rural Broadband Costs to Win Higher Subsidies?
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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