Convergence Conversation

Where is the Incentive?

What is perfectly clear from the waste described in the above blog post is that not a penny of public subsidy must be allowed to go to BT unless and until there is transparency that best value for Taxpayers Money is being achieved.

No more repetitions of Iwade in other words!

The UK’s copper wire network grew in what is euphemistically referred to as an “organic” fashion without sufficient attention paid to least cost operations/maintenance.

This was largely a legacy of the Nationalised GPO years and seems to have persisted since Privatisation some quarter a century ago.

The fundamental problem with either state-monopoly or commercial monopoly is the same.

It is a problem of lack of incentive.

In other words, why care about constant gradual improvement in productivity when the costs of inefficiency can be passed onto the customer?

There is a better way to be found and that is the Community Interest monopoly.

Also posted on www.fibrestream.co.uk