My zwei-cents on the wholesale open-access network.
I don't think it is true that wholesale means no, or even necessarily "low" profits in the traditional view of what that would entail (eg a stagnating and or struggling business). "Wholesale" in this context needs to mean (if it does not already, then this must be addressed) that the entity operating such a network makes at the very least a normal profit, if not a super-normal profit.
In the material world, we have wholesalers, for eg the base material to make LCDs. They sell these to say Sony, Toshiba, Samsung and the like who add value to these materials, and use proprietary technology to differentiate their products. The wholesaler, is by no means struggling. If Toshiba steals Samsung's market share the wholesaler will not be affected. The pie's been cut up a different way, sure - but the wholesaler is still getting to sell the entire pie anyway.
If Sony through innovation manages to increase the size of the market (maybe through lowering their own costs, and thus stoking greater demand) - the wholesaler benefits too.
it is thus not a given that wholesale means poor or low profits - it all depends on our assumptions of the pricing model adopted by the operator will be. If they shoot themselves in the foot by not assessing their costs correctly, then this is merely a question of poor business decision making or risk assessment, rather than a question of retail vs wholesale as competing models.
I support the wholesale concept as long as it is implemented in such a way that this wholesale operator (let's call it Optimus MegaCom) is sufficiently bound by a competent regulator to oblige by evidence and policy based roll-out targets and objectives. (e.g
1) Use it or lose it.
2) Transparent and clear open reporting at regular intervals
3) Regular accountability tribunal meetings where the public get to ask/question/complain direct to management)