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Wednesday 26 November 2008

A defunct ISP.

Is what Karoo is in all but name. Their share prices, due in part to the so called credit crunch and also in part to boardroom incompetence, are getting lower and lower with each passing day. They have a slow and aging network of twisted pair (telephone) cabling through which they are forcing ADSL2+. From the 3500+ people that have contacted me it can be clearly demonstrated that the ADSL2+ experiment is a failure of massive proportions.

Of course, Karoo take heart in the fact that a few say to them that they are happy with their connections but those 3500+ people, who make up a sizable chunk of their customer base and includes home as well as business users, show the level of discontent amongst their customer base.

All of this makes it not impossible that during the coming two years we shall see some other ISP/telephone company come into Hull and for Karoo to fall away as a nasty memory. But would that be a good thing? I say no. Better the devil you know and all that.


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