The information helps bidders estimate how easyordifficult the transition from TV to their own planned services might be, says Laura Fontaine, a Comsearch director.
It can be difficult to imagine not having affordable, relatively easy access to the internet or a public education system that teaches computer skills.
The biggest supply-side obstacle to future growth may no longer be (if it ever was) excessive regulation or inflexible labour markets, but a corporate culture that finds it easy to tolerate low returns and difficult to tolerate outright failure.