Mark Garnier

Mark Garnier

Conservative — Wyre Forest

Speaking in the House of Commons on 10 December 2024

Debate

Telegraph Poles: Birmingham

Contribution

I thank the Minister for his letter, which was incredibly helpful; I am grateful to him for engaging on this. The point I was making was not that the business model is about a cash flow revenue coming from the delivery of broadband, but that some of these businesses are cynically creating a capital asset that they then want to sell off. It is the infrastructure asset, not the cash flow, that they are after. That is where we get this competition of people building out the poles to create a capital value asset, not a cash flow value asset.

More from Mark Garnier

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

For Mark Garnier's full parliamentary record including voting history, expenses and all other contributions, see the Mark Garnier report card.