How many times can the same dollar of infrastructure costs be used to justify maintaining a monopoly where service is bad and never gets upgraded?
It is in the company's interest to flog that dollar for all it is worth, forever, as a justification to never upgrade and maintain a monopoly so that nobody can force them to reinvest in infrastructure and they can just sit around in maintenance mode, collecting the checks with the minimum possible outlay.
If the government owned the infrastructure outright, we could at least have the discussion about why service is shit, but with this reasoning, "it was expensive to build these cables" permanently shuts down any ability to get upgrades or break local monopolies.
It is in the company's interest to flog that dollar for all it is worth, forever, as a justification to never upgrade and maintain a monopoly so that nobody can force them to reinvest in infrastructure and they can just sit around in maintenance mode, collecting the checks with the minimum possible outlay.
If the government owned the infrastructure outright, we could at least have the discussion about why service is shit, but with this reasoning, "it was expensive to build these cables" permanently shuts down any ability to get upgrades or break local monopolies.