- Jul 28, 2011
Your view of people not caring about super fast internet is a bit short sighted. We living in 2021, not 2001. Most people are already working from home, most have smart tvs, media players, IOT devices, and other things that connect to the internet.Dude most people dont spend that, a fair amount sure but most people don't care enough about super fast internet. Maybe if more people work from home, ultimately their obligations are to their shareholders. They will upgrade I'm sure but I would say 3-5 years depending on total costs and whatever their board members feel is a fair return and in a nominal time frame for their profit forecasts.
Now lets talk Vuma..
You say that it would cost Vuma plenty of money to upgrade the network, to handle faster speeds.
This already shows how bad they planned this, when their whole thought process was cheap low cost fibre, without thinking long term and the consequences once other FNO's decide to build their own network.
Now what do they do now, do Vuma say lets stick to our guns, lose customers to other players, or say hold on, we are under pressure now, and our shareholders will start to ask questions..
3-5 years from now you say.. Vuma will be either gone, or their base will have shrunk to a size, where them building or upgrading their network will then really not be worth their money, time and effort. Now is the time to capture the market, not in 3 to 5 years time, when by that time, more FNOs will probably be in these areas.