The cable franchise agreement with Comcast is a horrible deal for us. Their monopoly position is the reason we have some of the highest cable rates in the country.
Consider this - between 1998 and 2001, cable providers spent $250 billion on mergers and aquisitions. If it were more profitable to invest in infrastructure, they would have done it. So we can see that revenue is enhanced further by reducing competitive choice than expansion and innovation.
In a nutshell: A single cable company means rates that are, on average, 17% higher.
3 comments:
The cable franchise agreement with Comcast is a horrible deal for us. Their monopoly position is the reason we have some of the highest cable rates in the country.
Consider this - between 1998 and 2001, cable providers spent $250 billion on mergers and aquisitions. If it were more profitable to invest in infrastructure, they would have done it. So we can see that revenue is enhanced further by reducing competitive choice than expansion and innovation.
In a nutshell: A single cable company means rates that are, on average, 17% higher.
Is this the meeting where they get rid of the current city solicitor Mark Tilghman?
4:06, could well be. First thing I thought of when I saw that.
Seriously stupid if they do.
Post a Comment