It actually works well in most places. Look up the term “common carrier”.
The trick is that the entity that owns the wires has to provide/upgrade the network at cost, and anyone has the right to run a telco on top of the network.
This creates competition for things like pricing plans, and financial incentives for the companies operating in the space to compete on their ability to build out / upgrade the network (or to not do that, but provide cheaper service).
The trick is that the entity that owns the wires has to provide/upgrade the network at cost, and anyone has the right to run a telco on top of the network.
This creates competition for things like pricing plans, and financial incentives for the companies operating in the space to compete on their ability to build out / upgrade the network (or to not do that, but provide cheaper service).