Remember how Ronald Reagan praised ‘privatization as the fastest route to greater competition; innovation and reduced prices’ (i.e., when Ma Bell as it was once known was broken up and America’s Telecommunication Industry was deregulated). Unfortunately, the vast majority of American’s don’t either. Moreover, the aforementioned contention was little more than patronizing (at best) as the nation has some of the highest monthly fees and inversely lowest access speeds.
(Source) BBC: http://goo.gl/u9WRFf