Dave Plowman (News) wrote
charles wrote

So you are suggesting that our memories of GPO Telecoms must
be distorted, it was in fact a modern dynamic company with the
customer's interests first and foremost, and a keen eye on deploying
cutting edge technology as soon as it became available?

It was a company which suffered under Treasury rules. They were not
allowed to keep "profits" for investment - it all went into that great
"Central Kitty". They had very good research labs but it wsn't until
they were privatised that investment in new prodcuts went ahead..

Pretty standard for many UK industries at that time both state
and private. Take the maximum you possibly can out of them.

That is a bare faced lie with the most successful private ones.

Investment was for stupid countries like Germany.

Even sillier than you usually manage.