• sp3ctr4l@lemmy.dbzer0.com
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    17 hours ago

    Wait, what?

    I am genuienly surprised to hear this… I mean… cool… I guess?

    That… there’s more fiber lines than I thought there… was?

    But also yeah that doesn’t make any business sense to me either.

    Unless they’re planning on building a data center there in the near future.

    Then, that might make a lot of sense.

    Oh well, I’m still pissed that we gave ISPs like half a trillion dollars or whatever to build out fiber around a decade ago, and because that law was written by lobbyists, well it was apparently legal for said ISPs to just throw most of that money at stock buybacks and C suite stock packages, and then there were never any consequences for that.

    Either way, I’ll take not blazing fast speeds and no datacap over… literally any plan with a data cap, anyday.

    • shalafi@lemmy.world
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      12 hours ago

      Less than a billion I think, but several hundred million? Anyway, you’re right, they ate it all paying off investors in the form of stock buybacks. Rural folk got nada.

      Yeah, very weird expansion. We don’t even have much in the way of utilities at camp. We can get water, but certainly no sewer. Hell, you can’t even build “permanent structures” on my land. And I assume the surrounding land is even worse for flooding and being protected wetlands.

      Sounds like I can get a power pole for free! Still working on that.

      The roads are private, anyone can travel them, no problem, but they’re on us to maintain. Couple of dudes use tractors to level them and someone dropped loads of gravel and red clay to fix the slippery bits. (Shit like this is why country people think they don’t need no goddamned gubermint. You’d have to live it to understand.)

      This is a Cox Cable endeavour. Used to contract for them, finest ISP I ever heard of. Apparently the Cox family took it public, then bought it back, said fuck you to the stock market and ran it themselves again. Hard to describe to those not in the business, but their cable plant is head and shoulders above anything I’ve ever touched. I assume they’re rich as hell and I wish them well, well deserved for once.