Hey peeps, I am currently staying in a complex that have access to Netstream fibre, and apparently they own the fibre in the complex. This was because a few year back, other fibre provider had a minimum uptake requirement before they were willing to install, so netstream got chosen by the body corporate.
They are one of the most expensive provider if I compare them to other FNO on afrihost, currently charging R689 for 10/10 connection. Vuma offers twice the download speed at a lower price, and the speed increase to 5 times if we take the promotion into account.
While I fully understand the reason behind the monopoly because of their initial risk and investments, but since they never offer any promotions etc and prices only ever went up, I can foresee the price/speed gap is just going to get bigger as there is absolutely no incentive for the FNO to improve pricing nor service stability.
Is there really nothing that can be done to allow other FNO to provide service for the complex in this situation? How legal is this sort of monopoly? Starting to feel like telkom with DSL in the past lol, but at least telkom had free upgrades...
They are one of the most expensive provider if I compare them to other FNO on afrihost, currently charging R689 for 10/10 connection. Vuma offers twice the download speed at a lower price, and the speed increase to 5 times if we take the promotion into account.
While I fully understand the reason behind the monopoly because of their initial risk and investments, but since they never offer any promotions etc and prices only ever went up, I can foresee the price/speed gap is just going to get bigger as there is absolutely no incentive for the FNO to improve pricing nor service stability.
Is there really nothing that can be done to allow other FNO to provide service for the complex in this situation? How legal is this sort of monopoly? Starting to feel like telkom with DSL in the past lol, but at least telkom had free upgrades...