BT are apparently investing £800million in upgrading their network which sound great. But then I found out that the government (they like to take credit for our money, like they raise it all by themselves!) is giving BT £800million too
to "help out".
That's a bail out isn't it? If I asked the government to match my £20,000 investment this year in to my business to make it future-proof too, they'd laugh! BT are badly run which is why they don't have enough profit to overhaul the system themselves. Aren't Virgin managing to upgrade their own systems with their own money?
They sad thing is that BT would probably just not bother upgrading if they were not given £800million for free ...
Sorry for the rant, but I'm hoping that someone out there has a plausible explanation as to why I should feel happy about all this money being given to BT rather than allowing them to fall flat on their faces and a better company take them over?