@Edinburgh_lad - True enough, however this isn’t about money. The hypothetical scenario assumes colossal government funding, as has been happening in recent years.
The point is it was already happening, investment in fibre manufacturing was already ongoing so it ended up being wasted money.
Plus as it was nationalised at the time, profit needn't be a motive for where and when to roll out and once the assets DID make a profit it could go back into network rather than shareholders pockets.
I do not believe any essential services should be private, we're seeing how bad that's going now with energy prices skyrocketing. Prior to that Post Offices closing as the profit-making Royal Mail used to subsidise them.
I didn't agree with Jermy Corbyn saying we should have a single nationalised ISP, that's too ripe for abuse (plus competition at the ISP level seems to have worked well in the UK), but I do believe the underlying infrastructure probably should be. Our telecoms network was second to none before it was privatised.