Speaking in a panel debate at NetEvents in Montreux leading analysts dismissed the unbundling of local loops as a waste of time.
Yankee Group director Camille Mendler explained that countries which had not unbundled the local loop, such as Switzerland, had managed to provide enough competition through cable companies.
"The uncomfortable truth is that those countries which do not have democratic environments have met with far greater success," she said. "This is particularly applicable to Asian countries with enlightened oligarchies."
Lars Godell, senior telecoms analyst with Forrester Research, maintained that the unbundling issue has been haunting the industry for far too long. "Too many people have wasted a great deal of time and money on the issue," he said.
Godell added that there was already a large amount of infrastructure and service competition, and ruled out any more regulation to free up the market.
"Governments are too often in the way of achieving practical results, and the disappointing outcome of local loop unbundling is a perfect example of how government intervention can screw up an industry," he said.
Leading technology entrepreneur and Equiinet managing director Bob Jones explained that issues like broadband had been too closely associated with the limited development of the technology.
"In the UK unbundling has been an unmitigated disaster with the former monopoly telco frustrating every step of the process," he said. "As a result of this inertia, coupled with the fall in the stock market, companies can no longer invest in order to actually take advantage of the potential of unbundling."
Jones insisted that, as BT had now managed to get rid of most of its potential competitors, it had succeeded in killing the last die hards by lowering broadband prices.
"Although the decision has met with popular acclaim, challengers like Bulldog, which actually had a chance to succeed, have now witnessed the demise of their financial model and are unlikely to survive this recent change," he concluded.
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