Another gravestone for UK high tech?
Commenting on the news of further misery from Marconi (my old employer).
Nothing of the £10 billion contract to renew BT's network has been awarded to the sole remaining U.K. telecommunications equipment maker, Marconi. Marconi just couldn't afford to make such a large contract a "loss leader". Companies such as Ericsson, ten times the size of Marconi, were able to offer very low prices as they had deep pockets and felt they would be able to generate hugh revenues by licensing what they develop for BT to less technologically adventurous network operators.
The government's blagware about Broadband Britain is looking increasing dubious. The UK's capability to develop its own telecommunications infrastructure is crumbling as the workers with the necessary skills lose their jobs and change careers. You wouldn't see USA, Japan, France or Germany let their high technology infrastructure go down the drain like this.