Well, the theory is that "utilities" are allowed to be a monopoly and given access to public property (roads, spectrum bandwidth etc.), in exchange for serving the entire public. They're not supposed to be able to cherry pick the most profitable customers and dump the rest.
I'd guess that the islands don't fall into the profitable category.
It seems like the right long term solution is wireless, but at $10/gb it's off by at least a factor of 10 to be useful.
Comcast = ~.20/GB
ATT/Verizon = ~10.00/GB
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