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Cable and land phone companies have always fucked their customers over because they have monopolies. Such companies will not offer faster speeds as doing so does not increase their profits -- ain't capitalism grand? -- and this will continue until wireless speeds exceeds what the land cable providers offer. At that time, they'll bump up the speed to match or slightly exceed wireless.
Only when they can no longer match wireless will these greedy, lazy ass companies bother to install fiber.
http://www.nytimes.com/2013/05/08/business/google-project-may-spur-broadband-competition.html?ref=business