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Originally Posted by Dee-27 BT is unlikely to drop prices while they have a virtual monopoly and little competition  |
It used to be the same in South Korea when Korea Telecom had no less than 100% market share in South Korea until several years ago. The first broadband company in South Korea was not Korea Telecom, but Thrunet which started cable internet in 1998. Monopoly is a common enemy of the people. Korea Telecom is still too big and powerful though. I'd like to see AT&T and Motorola doing a lot of business in South Korea introducing further competition but it seemed they were not interested that much.