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Americans Taxed $400 Billion For Fiber Optic Internet That Doesn’t Exist

posted by martyb on Monday December 04 2017, @08:24PM   Printer-friendly
from the getting-shafted dept.

canopic jug writes:

For decades, people in the US have been given a song and dance by the telecoms about how tax cuts, surcharges, and a long list of other expenses are necessary for telecoms to "invest" in infrastructure. The concessions are granted again and again, but the investments are never actually made. In all, US taxpayers have paid $400 Billion in taxes and Internet surcharges for fiber optic upgrades that never happened.

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  • (Score: 2) by ese002 on Tuesday December 05 2017, @03:20AM

    by ese002 (5306) on Tuesday December 05 2017, @03:20AM (#605488)

    Was there No Fiber built? Seems you can get fiber to the home in lots of places [broadbandnow.com].

    True, but you can not get fiber in a lot more places. It is a big country. Even if only a tiny fraction of neighborhoods have fiber you can still generate an impressive looking list.

    Oh yes, and fiber that is two miles from your house is fiber that doesn't go to your house. I live in Silicon Valley. There is loads of fiber around in all the office parks. Comcast and AT&T bring fiber to the neighborhoods. Negligible fiber is actually connected to people's homes.

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