Asklemmy

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What business plan seemed so dumb to you but actually worked out? (lemmy.world)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 15 points 1 month ago (1 children)

Buying rights to provide telecom service to an area and not actually providing service.

[–] [email protected] 6 points 1 month ago* (last edited 1 month ago)

Wait that's a thing? In TV broadcasting?

I've heard of how Comcast Did New York state dirty many years ago. IIRC, they walked away with nearly half a billion dollars, which I believe was about 2/3 of all the money the state had given them to connect small towns and clusters of rural communities to DSL internet.>