I definitely won't argue that telecoms play fair, but there are high barriers to entry for starting a telecom. If you start a new telecom only to compete for customers with an existing telecom in a certain area, you have to pay a huge expense to build out your network and your upside will be limited by the ensuing price war.
Not arguing that starting a telecom is easier than a search engine, but I think a large part of that difficulty is inherent to the industry.
Not arguing that starting a telecom is easier than a search engine, but I think a large part of that difficulty is inherent to the industry.