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 has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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