The CRTC ruling on broadband in Canada was issues this afternoon and ruled that broadband (Internet) is a basic service with a minimum standard of 50/10 (50 Mbps down, 10 Mbps up).
Going to be some interesting times ahead. Lighting50 would now be the new "skinny broadband".
If you complain they say "We know there's an issue but we don't know when it'll be fixed". And it's been like that for around 4 years now.
So what difference is it if they offer 50/10 and it can't meet it? They don't care now, there's no reason they will care in the future.
This way, the government would be able to re-coup a good chunk of the costs over the years, and the providers won't be forced to spend millions of dollars putting in infrastructure to service a handful of people. This should also help keep prices down, since providers won't be trying to money that would have been spent on infrastructure.
Just take a look at some of the 3rd party ISPs out there that lease network access from the major players. Their prices are often much lower than those of the major provider, yet they are both using the same infrastructure. There is obviously money being made on both sides...otherwise they wouldn't be in business.