Might have something to do with an utter lack of competition or oversight.
I’ve been saying for several years that the way to build a powerful populist and bipartisan force in this country is to join forces on one issue: Demand congressional action to end cable and cellphone monopolies. Remember Nader’s Raiders? Like that, only for these now-necessary services that should be regulated like the public utilities they are. They might be the textbook example of corporate capture – oh, and did I mention the new head of the FCC is a former cable and cell-carrier lobbyist?
No one’s happy with what they’re paying for cable or cells — imagine if more people knew exactly how much more we pay (for so much less) than any other Western country:
According to a recent study by Ookla Speedtest, the U.S. ranks a shocking 31st in the world in terms of average download speeds. The leaders in the world are Hong Kong at 72.49 Mbps and Singapore on 58.84 Mbps. And America? Averaging speeds of 20.77 Mbps, it falls behind countries like Estonia, Hungary, Slovakia, and Uruguay… read more
Source: Crooks and Liars