Comment by runarberg
Most of Europe did just fine with state owned telecommunication companies which lasted well into the 1990s or even the 2000s. To this day some of the largest telecommunications companies in Europe are still state owned, partially, and in some cases in full.
Growing up in Iceland where we had a state monopoly on telecommunications until the late 90s, I don‘t remember a single telecommunication outage. In fact, after moving to America where I have a private internet provider, I have experience quite a few internet blackouts actually.
>Most of Europe did just fine with state owned telecommunication companies which lasted well into the 1990s or even the 2000s.
Early 2000s were the times when 50Mbit in Eastern Europe when it was the wild west cost 10eur/month through lan cable and in Western Europe ADSL and ISDN cost multitude of the cost for fraction of the speed.