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The UK did not set up a similar policy. They built the phone network with government money, then when they privatize BT, they gave Openreach a monopoly with high rates to ensure profitability. Consequently, BT has twice the profit margin of your typical American utility, and actually about the same as TWC. It's EBITDA on revenue for Openreach is almost 50%. It's a sanctioned monopoly that enjoys monopoly profits.


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