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On Wed, Jul 28, 2010 at 08:45:09AM +0100, Neil Winchurst wrote: > On 27/07/10 17:34, Shaun Orchard wrote: I don't know about the spread of > the population is South Korea. However, the point is that, yes, BT does > have a difficult job. But it is made much worse by being a private > company with shareholders to consider. And that is the problem for this > country. > > Other countries such as South Korea just get the job done however easy or > difficult it may be. While the UK situation continues we will always lag > behind many other countries. Yes, I understand about the ageing copper > network. This should have been improved years ago. And how long have we > had a private company running the show??? > There is a cost to everything and while South Korea has been very successfully managed as a country there are costs: - compulsory military service: 21 months with no conscientious objectors allowed - compulsory basic medical insurance with citizens required to buy additional medical insurance if required. Tried to find out the cost of this but the only figure I could find is http://askakorean.blogspot.com/2010/01/healthcare-system-in-korea.html - South Korea spends about 4.6% of its annual budget on schools vs 5.6% in UK (source www.cia.gov) If you want to push your MP to pass a law mandating faster broadband then please advise where the money is going to come from. I cannot imagine many people would agree to cutting education or the NHS to pay for faster broadband access. If you want to price in BT shareholders then Share price at privatisation: £1.30, share price now £1.42. (ie flat, excluding dividends). If you want to price in dividends the return is better but I suspect privatisation of BT was a good economic decision of the Government. -- Henry Photocopies or faxes of my signature are not binding. This email has been signed with an electronic signature in accordance with subsection 7(3) of the Electronic Communications Act 2000. Digital Key Signature: GPG RSA 0xFB447AA1 Wed Jul 28 10:25:02 BST 2010
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