Labour party announce plans to nationalise Openreach telecoms network

ollie989898

Member

Location

Hanging from a twig, in a deep sleep.

• Nov 15, 2019

• #1

Reuters | Breaking International News & Views

Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage.

uk.reuters.com

LONDON (Reuters) - Britain’s opposition Labour Party plans to nationalize BT’s broadband network to provide free internet for all if it wins power, making a radical election pledge to roll back 35 years of private ownership that caught both the company and its shareholders by surprise.

Labour’s proposed overhaul of the telecoms infrastructure, an addition to its already broad nationalization plan, would be paid for by raising taxes on tech firms such as Alphabet’s Google, Amazon and Facebook and using its Green Transformation fund.
The announcement by Labour, which is currently lagging Prime Minister Boris Johnson’s Conservatives in opinion polls ahead of the Dec. 12 election, sent BT’s shares down as much as 3.7%, wiping nearly half a billion pounds off its market value. The share was down 1.7% at 1410 GMT.

Free broadband whilst you wipe out the value of my shares, thanks mate.

 

JeepJeep

Member

Trade

• Nov 15, 2019

• #2

Should hand out Xboxs and Netflix subscriptions out whilst he's at it.. that'll the win the vote of the carrymealongs.

Add a full Sky package aswell... why not?

Leave it alone and spend it on the real stuff that needs attention.

 

Last edited: Nov 15, 2019

bobk

Member

Location

stafford

• Nov 15, 2019

• #3

If anyone was unsure how f**kin deluded Corbyn and Mcdonnell are , they know now .

Absolute nutters

 

M

Mek

Member

• Nov 15, 2019

• #4

How can it not be a good idea. Left in the hands of private companies the uk’s broadband is lagging behind the world.

 

bobk

Member

Location

stafford

• Nov 15, 2019

• #5

Mek said:

How can it not be a good idea. Left in the hands of private companies the uk’s broadband is lagging behind the world.

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Cos unlike you we're not commies .

And anyway fixed line bb is old hat ,

Mobile bb is the future

 

Derrick Hughes

Member

✓

Location

Ceredigion

• Nov 15, 2019

• #6

,

I just love this pucture

 

Exfarmer

Member

Location

Bury St Edmunds

• Nov 15, 2019

• #7

Mek said:

How can it not be a good idea. Left in the hands of private companies the uk’s broadband is lagging behind the world.

Click to expand...

perhaps you are not old enough to remember British Telecom.
Welcome to shared lines, where you can join in your neighbours phone calls.
make it illegal to own a mobile phone.
and wait for months if not years for your own phone line

 

Pheasant Surprise

Member

Location

Woodbridge, Suffolk

• Nov 16, 2019

• #8

Mek said:

How can it not be a good idea. Left in the hands of private companies the uk’s broadband is lagging behind the world.

Click to expand...

Have a read about the travails of the national broadband network (NBN) in ozzy, to see what a magnificent train wreck that became.

 

M

Mek

Member

• Nov 16, 2019

• #9

Exfarmer said:

perhaps you are not old enough to remember British Telecom.
Welcome to shared lines, where you can join in your neighbours phone calls.
make it illegal to own a mobile phone.
and wait for months if not years for your own phone line

Click to expand...

That’s very kind of you but I think I’m one of the oldest contributors to this forum. I’m actually old enough to remember when the GPO we’re responsible for phone lines.

 

M

Mek

Member

• Nov 16, 2019

• #10

bobk said:

Cos unlike you we're not commies .

And anyway fixed line bb is old hat ,

Mobile bb is the future

Click to expand...

You spit out the word “commie” like it’s some sort of insult. It’s not.

 

M

manhill

Member

• Nov 16, 2019

• #11

High speed broadband for all by 2030? We'll be living on Mars by then and won't need it!

 

S

Suffolk Serf

Member

Location

Bury/Thetford

• Nov 16, 2019

• #12

I don't know why they are fixated on landline high speed droadband. Surely better to forget the idea and focus on rolling out the 5G mobile network?

 

M

manhill

Member

• Nov 16, 2019

• #13

Mek said:

You spit out the word “commie” like it’s some sort of insult. It’s not.

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Isn't it? I must have missed something.Chairman Mao, Old Joe, Honecker, Ulbricht, Pol Pot. Fidel.All nice guys weren't they?

 

Martin Holden

Member

Trade

Location

Cheltenham

• Nov 16, 2019

• #14

bobk said:

If anyone was unsure how fudgein deluded Corbyn and Mcdonnell are , they know now .

Absolute nutters

Click to expand...

Watching JM’s interview with Laura yesterday and his view on nationalisation and the need for hard nosed economics reminded me of Robin Hood. Take from the rich and give to the poor. Now I know it’s not that simple and many organisations under pay on corporation tax, but his comments reminded me of our land in the late 60’s and 70’s when comrade politics killed UK business from which we’ve never really recovered! Those two scare me!!

 

caveman

Member

Location

East Sussex.

• Nov 16, 2019

• #15

Who will control the content traffiking on this commie owned broadband?

 

JeepJeep

Member

Trade

• Nov 16, 2019

• #16

caveman said:

Who will control the content traffiking on this commie owned broadband?

Click to expand...

Subbed out to the Russians.

 

M

Mek

Member

• Nov 16, 2019

• #17

manhill said:

Isn't it? I must have missed something.Chairman Mao, Old Joe, Honecker, Ulbricht, Pol Pot. Fidel.All nice guys weren't they?

Click to expand...

As you say,you must have missed something.

 

Highland Mule

Member

Livestock Farmer

Location

Scottish Highlands

• Nov 16, 2019

• #18

manhill said:

Isn't it? I must have missed something.Chairman Mao, Old Joe, Honecker, Ulbricht, Pol Pot. Fidel.All nice guys weren't they?

Click to expand...

You don’t understand Venn diagrams, do you?

 

bobk

Member

Location

stafford

• Nov 16, 2019

• #19

Highland Mule said:

You don’t understand Venn diagrams, do you?

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Load of bollox , basically any scenario can be proved from a Venn .


A Venn diagram (also called primary diagram, set diagram or logic diagram) is a diagram that shows all possible logical relations between a finite collection of different sets. These diagrams depict elements as points in the plane, and sets as regions inside closed curves.

 

D

DrWazzock

Member

Arable Farmer

Location

Lincolnshire

• Nov 16, 2019

• #20

Venn diagrams were in fashion when I was at school. Thought it was bollox then and haven't changed my opinion.

If you think private telecoms are crap you aren't old enough to remember how crap British Telecom were. We had to drive round to the neighbour's to tell them to put the handset back properly and could listen in on their calls. And nobody gived a stuff cos they got paid anyway. I am on 4g broadband now. Given up on hardwired. It's as dead as corduroy.