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Matt3
All noise, no signal.
Premium
join:2003-07-20
Jamestown, NC
kudos:12
reply to already_here

Re: UBB in the US. Look no further than Alaska

said by already_here :

In GCI's case they were making large enough profits to buy & deploy a 2nd undersea cable within less than 4 years time.. (first cable purchased around 99, second cable 650Gbps around 2003)

GCI is making lots of money. Now I can understand charging higher rates to rural communities where fixed costs are much higher and population density is smaller, but in a city like Anchorage with high population density, rates and service should be the same as any city with 300,000 stateside. Transport costs for GCI's undersea cable are less than 1 cent.

»assets.gci.com/financial/gciq32010.pdf

They profited a whopping $7 million, or $0.14 per share.