smh
Looks like metered internet is the future.
http://www.businessweek.com/ap/financialnews/D9QGPQM81.htm
Side note: Did you know the US government gave billions of dollars away back in the 90s to the telecoms (AT&T and Verizon) who promised to build service for 45 Mbps bidirectional (download and upload) for fiber optic Internet?
However, after deregulation in 1996, all the telecoms stopped building out their services. Supposedly the money has went into lobbying and perhaps executives bonuses.
The government questioned where was this network, the telecoms pointed to the existing copper POTS wiring and said that's our broadband.
Look at what that has gotten the USA today as opposed to other countries. If you use the argument that other countries have a smaller footprint, then how come the major cities in the US still don't have Internet speeds that can't compete with those countries?
Looks like metered internet is the future.
http://www.businessweek.com/ap/financialnews/D9QGPQM81.htm
Verizon Communications Inc. is investing billions in replacing copper phone lines with optical fiber, for TV service and faster Internet speeds. It is alone among major U.S. phone companies in doing this. But the project only covers about two-thirds of Verizon's local-phone territory.
On a call with investors and analysts Friday, chief financial officer Fran Shammo indicated that if broadband speeds are going to improve in non-FiOS areas, it will be through Verizon Wireless' new "4G LTE" data network.
QUESTION: Can you update us on your need or interest in investing in improving broadband in non-FiOS areas?
RESPONSE (CFO Shammo): Obviously our strategy is to complete the 18 million (home) build for FiOS and transition that. And as you know, we've really concentrated on investing in FiOS and curtailing the investment in the copper network and moving people from copper to FiOS. And that is a big strategic initiative that (CEO Lowell McAdam) has set out for the business to accomplish.
Now those lines that are outside that FiOS and outside of any potential of passing ever with FiOS -- we will continue to be competitive in this area but I think it's going to be around LTE. We're not going to invest a lot of capital in the copper core network in those outlying areas. But I think we have a strategic bundle that we can go into those households with, give them a better experience than what they're currently having on their DSL line from a bundling of the wireless portfolio that we have. So that's the strategy that we're going to deploy.
Side note: Did you know the US government gave billions of dollars away back in the 90s to the telecoms (AT&T and Verizon) who promised to build service for 45 Mbps bidirectional (download and upload) for fiber optic Internet?
However, after deregulation in 1996, all the telecoms stopped building out their services. Supposedly the money has went into lobbying and perhaps executives bonuses.
The government questioned where was this network, the telecoms pointed to the existing copper POTS wiring and said that's our broadband.
Look at what that has gotten the USA today as opposed to other countries. If you use the argument that other countries have a smaller footprint, then how come the major cities in the US still don't have Internet speeds that can't compete with those countries?