those wizards must be streaming some Hella fast Tokyo banddrifts with all them wires.
That part is wrong for India, at least.
Here's a random site with some stats
India, you can expect ~100Mb/s with FTTH and 50Mb/s otherwise. Reliability is even worse.
Rest is right.
And Japan has a 300+ Tb/s connection. Your point?
My point is that the average Indian is not doing "Hella fast Tokyo banddrifts" (not sure what banddrift even means, but no).
And yes, a 1Gb/s connection is theoretically available, but how many people are using the ~₹4000/month connection?
Considering how many people tend to just not have Broadband at home, relying just on mobile internet, we can see how things compare with others.
Also, to point to the tread starter, most of the "thousands of" cables that you see on poles in congested areas, are just abandoned cables from older installations which nobody cared to remove.