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…
Your second and third paragraph are contradictory. Common carriers become the barrier to network upgrades. Always. Without fail. Monopolies are a bad idea, whether state or privately owned. Let me give you 2 examples. In australia we had Telstra (Formerly Telecom, Formerly Auspost). Testra would resell carriers ADSL services, and they stank. The carriers couldn't justify price increases to upgrade their networks and…
Oh wait ... the reason that freeway is always clogged is they are ripping it up, doubling it's width. And now I think about it, hasn't the NBN recently upgraded their max speeds from 100 Mb/s, to 250Mb/s, and now to 1Gb/s. And isn't the NBN currently ripping out the FttN, replacing it woth FttP, at no cost to the cusytomer? Sounds like a major upgrade to me. And wasn't the reason we got the NBN that Telstra point blank refused to replace the monopoly copper infrastructure with fibre?
If I didn't know better, I'd be think the major policy mistake Australia made in Telecom was the liberals to selling off Telstra. In a competitive market when a new technology came along a telecom is forced to upgrade because their a competitors would use the new technology to steal their customers. That works fabulously for 5G, where there is competition. But when the Libs sold Telstra it was a monopoly. Telstra just refused to upgrade the copper. The Libs thought they could fix that though legislation, but what happened instead is Telstra fought the legalisation tooth and nail and we ended up in the absurd situation of having buildings full of federal court judges and lawyers fighting to get reasonable ULL access. In the end Tesltra did give permission to change the equipment at the ends of the wires. But replacing the wires themselves - never. That was their golden goose. No one was permitted to replace them with a new technology.
Desperate to make the obvious move to fibre, the Libs then offered Telstra, the Optus, then anybody money to build a new fibre network - but they all refused to do so unless the government effectively guaranteed monopoly ownership over the new network.
Sorry, what was your point again? Oh, that's right, public ownership shared natural monopolies like wires, roads, water mains is bad. The thing I missed is why a private rent extracting monopoly beholden to no one except the profit seeking share holders owning those things is better.