KrK
Heavy Artillery For The Little Guy
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| Re: WTF? said by moonpuppy  :What they (the telco execs) are saying, is that they want to have their own toll road on the information superhighway. They want to "upgrade" their networks and have someone else pay for it. People can cry all they want about having a separate highway but this is all about who is going to pay for the upgrade. Here's the problem. The customers already pay for it. The Telcos want to have their cake and eat it too. What they want to do is have a business where they own all the infrastructure, and keep all the profits, but never have to do any capital investment or take any risk or expense in building infrastruture!
They want someone else to pay for them to build this upgraded network, but they want to keep ownership of the network and control usage of it, and of course, keep all profits reaped from it.
In other words, they are saying "We refuse to upgrade OUR OWN EQUIPMENT AND SERVICE unless we can make third parties, competitors, tax-payers or space aliens pay for our upgrades for us-- and we'll make our customers keep paying us too."
It's RETARDED. It's like saying "Hey I'll buy a new house, but everyone else must make the payments for me."
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"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!) |
