“Natural monopoly” doesn't mean what you think it means: it's simply a case where the most efficient setup is a single provider. Telecoms fit this category locally because of the need for cabling to each customer – sure, you can run multiple wires but that's extremely expensive and has externalities (i.e. aesthetic costs).
Regulation is a common response to a natural monopoly: cap profits at a certain level to prevent gouging and establish some sort of minimum service requirement to avoid abuse.
What I would prefer is a hybrid model where the city runs the monopoly portion and leases access to various companies. The political process at least offers more accountability than, say, the typical Comcast monopoly victim enjoys.
Regulation is a common response to a natural monopoly: cap profits at a certain level to prevent gouging and establish some sort of minimum service requirement to avoid abuse.
What I would prefer is a hybrid model where the city runs the monopoly portion and leases access to various companies. The political process at least offers more accountability than, say, the typical Comcast monopoly victim enjoys.