AT&T just like other companies during the boom of the 90's laid so much fiber that they now find that maybe only 5% of it is actually being used. They now have these sunk costs that they are trying to cover by charging up absurd rates for high speed access. Unfortunately the Government is foolish and is allowing them to charge us exorbitant rates by granting monopolies to these companies.
If you check the ticker symbol refrenced in the Boing Press release (BOREF). You will find that the company is BOREALIS EXPL LTD this company has been around for a while and last time they were trying to sell shares in an Iorn Mine. Eventually It was found out that they had stoled the Iorn Mine from Debeer's and did not actually own anything.
Looks more like cold fusion...
-Abbott
Slashdot Mirror
AT&T just like other companies during the boom of the 90's laid so much fiber that they now find that maybe only 5% of it is actually being used. They now have these sunk costs that they are trying to cover by charging up absurd rates for high speed access. Unfortunately the Government is foolish and is allowing them to charge us exorbitant rates by granting monopolies to these companies.
If you check the ticker symbol refrenced in the Boing Press release (BOREF). You will find that the company is BOREALIS EXPL LTD this company has been around for a while and last time they were trying to sell shares in an Iorn Mine. Eventually It was found out that they had stoled the Iorn Mine from Debeer's and did not actually own anything. Looks more like cold fusion... -Abbott