Earlier quoted context omitted.
It actually works well in most places. Look up the term “common carrier”. The trick is that the entity that owns the wires has to provide/upgrade the network at cost, and anyone has the right to run a telco on top of the network. This creates competition for things like pricing plans, and financial incentives for the companies operating in the space to compete on their ability to build out / upgrade the network (or t…
It also makes it more vulnerable to legal, bureaucratic and technical threats. Doesn't make much sense to me to abstract away most of the parts where an entity could build up its competitive advantage and then to pretend like healthy competition could be build on top. Imagine if one entity did all the t-shirt manufacturing globally but then you congratulated yourself for creating a market based on altered colors and…
I used to work at a place that did both on top of the various telcos. We offered ‘premium service’ with 24 hour customer support and a low customer to modem and bandwidth ratio.
Most of our competitors beat us in price but would only offer customers support 9-5 and you may get a busy signal/ lower bandwidth in the back haul during peak hours.
There was a single company that owned the wires and poles, because it’s expensive and complex to build physical infrastructure and hard to compete, but they were bared from selling actual services or undercutting providers because of their position. (Which depended on jurisdiction).
It solved the problem we have now of everyone complaining about their ISP but only having one option in their area.
We have that problem now specifically because we deregulated common carriers for internet right as it took over the role of telephone service.