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[IT]Broadband is nice, but it's no competition for sunshine

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  • 28-11-2005 3:37pm
    #1
    Registered Users Posts: 1,500 ✭✭✭


    Broadband under cloud

    Citigroup knows a shrewd operator when it sees one, as shown by its praise for Eircom's able management of those strained relations with ComReg.

    The telco's dismal rollout of broadband is enough to drive the most half-hearted of internet-users to despair, but the giant US bank recognises the method in Eircom's lethargy.

    In a note on the Swisscom situation, Citi says Eircom's ability to frustrate ComReg underpins its dominant position by neutralising the threat of access competition. "This in turn has allowed Eircom to farm its high margin dial-up internet traffic while taking a very measured (some might even say glacially slow) approach to promoting Irish broadband."

    Only the Greeks fare worse than us in the European broadband leagues, but they have fine weather as an excuse. Citi says the Greeks "can point to the sunshine as a justifiable reason why demand for broadband is so low. The Emerald Isle gets its name for a reason (it rains a lot)."

    Broadband is nice, but it's no competition for sunshine.

    © ireland.com


Comments

  • Closed Accounts Posts: 2,055 ✭✭✭probe


    >>Broadband is nice, but it's no competition for sunshine.
    There are lots of countries with high levels of broadband penetration and sunshine (eg France, Korea, even richer parts of the USA). Methinks it has more to do with the Greek alphabet, and their general linguistic skills, piled on top of the Greek Government's super dilligent copying of the bastard eircom / ComReg set-up that gives them the edge at the bottom of the list!

    probe


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