Have you heard of Google, Apple, Microsoft, or Exxon?
And that profit is almost nothing although the ratio is 1% into okay
Municipal broadband is a good thing. It keeps the money home. It can be successful. It's the sort of thing that's fine with very long term loans.
In fact most of Comcasts issues are TV related
Municipal broadband=okay Overbuilding = very terrible idea for anyone trying to make money.
It's like trying to turn a profit in Ashburn selling carrier services where Transit is cheaper than peering
150 billion in the cap isn't free cash flow.
I already posted that they had 31 billion in revenue, did you miss that?
Have you heard of Google, Apple, Microsoft, or Exxon, Facebook, Nvidia?
Nope, never heard of them. Good point of <nothing at all>
Overbuilding = very terrible idea for anyone trying to make money.
Are you hallucinating nonsense that no one every said anything about?
Above someone was trying to say municipal ISPs don't make money. They clearly can, ISPs make plenty of profit and municipal internet has been done many times before. Not only that their speeds are often higher than competing ISPs in the area.
Comcast has a 148.43 billion market cap, which includes their debt. They made over 3 billion in profit which includes servicing their debt.
That Fed rate spread definitely puts those companies in grocery store rates
What are you even talking about, this doesn't mean anything.
They aren't "making it big"
Comcast is a fortune 100 company worth 150 billion dollars. Municipal ISPs just need to work.
Again municipal internet already works all over the place. Chattanooga offers 300 mb internet for $58 USD. They offer 10 gigabit for $300.
Unless there's collusion, multiple providers means minor amounts of profit.
Prove it.
The whole point was that municipal internet works because it can make its money back over time. You making up random hypothetical scenarios has nothing to do with that.
Better businesses to invest in
Except that a municipal internet service can break the ISP monopoly, offer much higher speeds, lower prices and do it all while earning its money back.