Well an island like this is basically a big strata where dividing the cost of infrastructure between everyone makes things livable. Don’t be surprised there’s a monopoly telco, because it probably doesn’t make economic sense any other way.
And keep in mind they probably insisted on a monopoly contract because they probably spent an absolute bomb setting it up, only to get max 1500 or so subscribers.
Say: 1500 subscribers @ $100/pm and you’d be running a telco on only $1.8M per year. That’s about enough money to pay for compliance, infra upkeep, and hire maybe 2-3 staff who wear many hats.
And keep in mind they probably insisted on a monopoly contract because they probably spent an absolute bomb setting it up, only to get max 1500 or so subscribers.
Say: 1500 subscribers @ $100/pm and you’d be running a telco on only $1.8M per year. That’s about enough money to pay for compliance, infra upkeep, and hire maybe 2-3 staff who wear many hats.