Telcos pocketed $200B in rate charges and taxpayer subsidies but failed to deliver promised broadband network, author claims

By 2006, 86 million households should have been rewired with a fiber optic wire, capable of 45 Mbps, in both directions. -- read the promises.

The public subsidies for infrastructure were pocketed. The phone companies collected over $200 billion in higher phone rates and tax perks, about $2000 per household

E-book, $200 Billion Broadband Scandal.