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Jordan Golson

Are the billions being spent on the "last mile" worth it?

Jordan Golson08.19.2008
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area. The only place the two companies are actually competing is on the stock market -- and the marketplace of ideas.

(Writer's note: Much of the sourcing for this article came from meetings I've had with AT&T, plus a pair of New York Times articles. Verizon's FiOS: A Smart Bet or a Big Mistake?, and A Bear Speaks: Why Verizon's Pricey FiOS Bet Won't Pay Off)

More news, commentary, and predictions from The Industry Standard:

 


Both models are wrong, we need the Telecomm industry out of the last mile solution. What we need is an Information Utility run by the city just like our power, water and sewer utilities. It absurd to think about having competing water mains like we have cable, twisted pair and now fiber. Fiber to the home is the solution as it will open up many more services like security, medical monitoring, procuring products and services real time, gaming, banking etc in addition to VOIP, internet, wireless and HDTV.
All vendors would compete at the Head-In, now these communication monopolies would have to sell their products at competitive rate because consumers would have real-time bidding at the point of sale. I don't care what vendor gives me a voice connection when I pick up the phone I just want the cheapest rate that second.
I'm sure AT&T, Verizon, MABell and the rest recognize this and fear the day the public wakes up and can’t be held hostage to absurd regulation and pricing we now have in place.


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