Comcast spent $5.4 billion on capital expenditures in 2013: http://www.cmcsa.com/releasedetail.cfm?ReleaseID=821438. TWC spent $3.2 billion: http://ir.timewarnercable.com/investor-relations/investor-ne....
Verizon and AT&T regularly top the list of companies with the highest U.S. capital expenditures, and Comcast and TWC are usually in the top 25: http://www.businessinsider.com/the-25-companies-investing-mo....
> That's why we're seeing this rent seeking behavior, and one reason why we have slower speeds than other modern nations.
Like? We compare quite favorably to countries like Canada and Australia, which have similar problems as we do with lack of density. According to Akamai's testing, we're in the top 10 worldwide for measured average connection speeds: http://www.akamai.com/dl/akamai/akamai-soti-q413.pdf?WT.mc_i... (page 19, Figure 20). Ookla's NetIndex puts us ahead of Canada and Australia, and only slightly behind the UK and Germany: http://www.netindex.com. Our Northeastern states, like New Jersey and Pennsylvania, which have density comparable to continental Europe, have average connection speeds comparable to France, the EU standout.
> Yes, I am in favor of municipal fiber-to-the-home solutions paid for with public dollars given the critical importance of these "dumb pipes".
You don't, because when public dollars are involved, you get "lowest common denominator" levels of investment. Comcast's average user uses 2-5 GB/month. If telecom infrastructure was provisioned according to these people voting, do you think the resulting level of investment would be at a level that would make the folks on HN happy?
