Posted on 11/15/2019 3:40:32 AM PST by Erik Latranyi
The UK’s opposition Labour party has promised it will give free full-fiber broadband to every home and business in the country if it wins Britain’s upcoming December elections.
The party said it would nationalize part of UK telecoms firm BT to achieve its goal, and introduce new taxes on Silicon Valley tech giants like Apple and Facebook to fund the network’s maintenance.
The announcement took the business world by surprise, with shares in BT dropping four percent in early trading before recovering to a roughly two percent fall. The chief executive of the company Philip Jansen told the Financial Times that “free broadband for all” was an “appealing” prospect, but would need to be carefully considered.
(Excerpt) Read more at msn.com ...
Socialists......is there anything they can't achieve ?
FREE! so we can monitor your every existance
That’s mighty nice of them. I wonder if this could cause British firms to be taxed? It seems to me, that any ass hat 🎩 dictator in the world, could figure he could get Americans to pay for his own 3rd world country’s infrastructure, by taxing American companies. I am not a fan of Silicon Valley big tech firms, by any means, but is this a valid point? I don’t know enough about it to know for sure. Maybe other Freepers know more about this than I do. 😁
British companies will see the cost of their internet service explode.
It is the socialist way.
FREE!
Ummm ... Apple and Facebook may just leave.
So the government can do to the internet what the NHS has done to health care.
Guess the meme ban and link tax won’t take care of the uppity citizenry fast enough.
This isn’t about cost.
It’s about control.
Watch out for the pop ups ...
Then it’s not free, is it?
It’s being paid for by the tax.
And people are too much idiots to figure this out.
this has been posted three times already .
Socialists... buy everything with others money, yet build nothing.
The BBC doesn't quite have total mind control, so the socialists will try to control the internet. (Substitute the first 'B' with a 'C' and you've got the same schitt in Kanadahar.)
Careful, Britain—nothing like a big dose of that “full-fiber broadband” to give you a nasty case of cyberrhea.
And they’ll do it just before StarLink renders the tremendous cost obsolete, wasting tens of billions of taxpayer money.
They pay a boob tube tax. Nuff said.
The Labor Party will have Huawei manage the whole thing, giving the Chinese full control over the UK.
The only thing that's truly free is ignorance.
I rarely post here but in response to your question I think this would qualify as a tariff. As such it would challenge any trade agreements we have.
Such an action should result in a retaliatory tariff against the participating UK members in a sane world.
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