Telecom industry shafts America

After making a big, bold promise to wire every corner of America, the telecom giants are running away from their vow to provide nationwide broadband service by 2020. For almost 20 years, AT&T, Verizon and the other big players have collected hundreds of billions of dollars through rate increases and surcharges to finance that ambitious plan, but after wiring the high-density big cities, they now say it’s too expensive to connect the rest of the country. But they’d like to keep all that money they banked for the project.

It looks like the entire telecom industry spent twenty years raising fees, and now they’d like to shaft most of the country.

Telecom Giants Drag Their Feet on Broadband for the Whole Country

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