Dark Green: Firm commitments from incumbent: BT (10M), Belgacom, Australian NBN, Swisscom, Austria, Bezeq Israel, Chunghwa Taiwan, Telus Canada, Telekom South Africa, SK Korea, (U.S.) AT&T, Century, Frontier, Windstream, Belgium, Omantel
Mid Pink: Smaller carriers in Germany, Norway, Finland, Japan
- Published: 04 October 2017 04 October 2017
Better TV software long kept Bell's DSL ahead of cable, but both Shaw and Rogers are now deploying Comcast's respected X1 software and will likely catch up. CEO Cope hinted to Wall Street he has little choice but to find the necessary capital.
G.fast was considered until very recently but Bell decided to accelerate their fiber home. They have done most of Montreal and are working on Toronto.
As the company and the field crews gained experience, fiber installation costs have come down. Telefonica recently told me the same thing: after three years, the systems improved and the costs plummeted.
Huawei is the primary supplier. Bell says both the equipment and the service have been good. Huawei is hoping to replace Nokia/Alcatel as the primary wireless source as well.
The short-term expectations of investors remains a problem for Bell. When Glen Campbell ran telecom worldwide for Merrill Lynch, he strongly supported spending on better networks. Better networks usually have a return on investment far above the cost of capital and.increase profits. Traders rarely care about returns in three or four years
From Seeking Alpha, George Cope
And the other thing I would say about fibre that it's hard to know how to sort out, but there is no doubt the fibre we're building will ultimately position us from the 5G perspective in a very unique position because every single street and every single home will be done within certainly the urban market that we have a wireless network, so we don't have to rebuild fibre for 5G, we'll actually have it in place. So how much of that in a wireline investment you amortized towards wireless, we frankly don't care because we happen to own both assets. And I think if you look now at our footprint with MTS and Bell Aliant where we now have 70% of Canadian households and businesses covered, it's a pretty unique position for us from the coming together of wireless and wireline broadband technology which is, it's clear now investors are seeing that the value of fibre goes beyond the value of just wireline business, if you look what's happening, with the talk of 5G will take us.