Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
You just cannot make this stuff up. The difference between Avanti Communications (AVN) PR hype and reality is chasmous. With a hat tip to reader BlueFrew, let us have a quick look at the £60 million programme announced in December by the Government in partnership with Avanti to roll out broadband access to 300,000 rural homes across the UK. You want the internet Mr Crofter on a remote Scottish Island so you can download some sheep porn? To hell with cutting the deficit, the ever grateful taxpayer & Avanti are here to help.
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Comments
JSB
I looked into this because our broadband is piss poor (grim northern wastelands and all that). We are a family of four with two teenagers, kids stream shit loads these days, in the summer holidays we were often over 200gb per month. Avanti roughly want £1 for every 1gb of data.
Its just not a practical solution in the modern world, data usage will only ever go up.
Drunken Sailor
Where I am I am paying over £70 a month for 30Gb. I doubled that when my kids came out for Christmas and they had gobbled the lot in 2 weeks, I then paid over £90 for a 30 Gb top up, which whether I used it all or not, would not carry over to the next month. People in UK (even in the grim north) do not know they are born.
I am not surprised this government backed scheme is a flop, they should have wasted our money (I am still paying UK tax) getting farmers to grow solar panels instead of crops.
JSB
Yes that’s expensive!
The scheme will fail because it’s not the connection cost that put me off its the potentially unlimited usage for ever. The shite download speeds are the only thing holding the kids back. Unlimited data is the norm these days.
boggle
is Guernsey really that expensive and don’t worry it’s not long until the 6th April !!