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Sorry, but you're misinformed. Bandwidth gets cheaper and cheaper every year not more expensive. Infrastructure is the cost of any company doing business but these companies would rather line their pockets with astronomical profits instead of providing world-class Internet connections.
Also, usage-based metering is just a new way to gouge customers and appease Wall St. If you have any doubt about this, stop reading PR fluff and start listening to or reading transcripts of earnings calls. They are smug and quite clear about their true intentions, to investors.
Back on topic, I give this deal a huge thumbs down. I imagine it will mean we lose our Earthlink workaround for TWC fees and rates
Bandwidth gets cheaper doesn't mean your consumption of bandwidth decreases. Infrastructure isn't static. If infrastructure upgrades and expansions were not needed, I can see your point being valid. But that isn't reality. If the phone company didn't make profits, we would still be using the instruments found in museums. What is a fair profit is a different subject.
Usage based metering is an additional revenue stream but unless you live in a socialist world you will find companies looking for new revenue streams. And am fine with bandwidth gluttons paying more.
Well, I would be surprised if this is allowed to go through by the various three letter agencies so no need to worry too much just yet.
But if it does go through I can see nothing good coming of it. Neither company is winning any awards for customer service and plotting how they can gouge people at every turn. Combining them is just going to give them more power and I never liked the fact that Comcast was allowed to buy NBC in the first place.
Actually, Congress has loosened antitrust restrictions...so unfortunately, this should slide through easily.
Also, I don't understand why the rates may increase and change to usage based rates as opposed to flat rates. Compared to other modern countries, internet is slow and overpriced. Japan offers options twice the speed of Google Fiber, and we can't even get Google Fiber in any other city than Austin, Kansas City, and Provo UT. Ridiculous!
I had to laugh at the following headline from Bloomberg:
"The Comcast Deal Won't Make a Terrible Industry Any Worse"
Swell, so that's the best the mighty captains of American business, keepers of the capitalist flame and builders of empires can do?
I had to laugh at the following headline from Bloomberg:
"The Comcast Deal Won't Make a Terrible Industry Any Worse"
Swell, so that's the best the mighty captains of American business, keepers of the capitalist flame and builders of empires can do?
I give up.
Drops mic, walks off stage.
Actually, we can credit government who cavalierly offered up monopolies in city after city to get cables strung.
Capitalists just took advantage of that offer and negotiated well.
Actually, we can credit government who cavalierly offered up monopolies in city after city to get cables strung.
Capitalists just took advantage of that offer and negotiated well.
Mike, with all due respect I can tell you first hand that your characterization of the how local governments administered the business of granting telecom franchises is at least as erroneous as my admittedly snarky shot at laying it all at the feet of free enterprise.
Nobody remotely involved in the wiring of America is walking away with clean skivvies, the Bloomberg headline simply underscores that.
Mike, with all due respect I can tell you first hand that your characterization of the how local governments administered the business of granting telecom franchises is at least as erroneous as my admittedly snarky shot at laying it all at the feet of free enterprise.
Nobody remotely involved in the wiring of America is walking away with clean skivvies, the Bloomberg headline simply underscores that.
OK. I'll bite.
How did local governments administer the business of granting telecom franchises?
Did they allow ongoing monopolies in return for telecoms offering entire municipalities cable service?
Did anyone get bribed?
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