I’m changing my Internet and cable service this week and will save about $45 a month. Even with that savings I am blown away when I think of the amount I pay for these services and phone data plans for my family.
Yes, I could save even more if I sacrificed speed and volume of data that my family pays for, and yes, what we pay for is a bit of a luxury compared to what others might choose. But still, the cost of these things seems ridiculously high in Canada.
Elon Musk is putting a series of geosynchronous satellites into space that will creates global wifi service. This will bypass the high costs of providing wifi in rural areas. It will also undermine the monopoly-like costs of internet access in countries like Canada. The reality is that these companies Elon will compete with will not fold. They will survive the competition, because they can afford to.
I look forward to this happening. I think Internet access should be cheap and accessible to all. It isn’t a luxury anymore and the reality is that prices in Canada make it so.