Archive for the ‘telecom’ tag
In Defense of $5,000/MB
“AT&T is dead.”
Well, it’s not dead, but the Wall Street Journal claims that we should be making plans for the funeral. According to the WSJ, AT&T is holding onto an obsolete, monolithic business model that is neither supportive of their customer nor fostering of technological advances. The chief complaint: the extremely high cost of wireless data transmissions.
As an iPhone user, I know how much AT&T is charging. And while my service uptime is pretty good, the cost is the same as my home internet plan, which is faster and not capped.
What if, however, those costs are not too high after all. Wireless data does not fall under public utilities per se, but it does represent the fastest growing segment of both internet access and mobile communications traffic. Both the lack of competition and consolidation of the market have attracted the attention of the Congress and antitrust regulators. For regulators and consumers alike, the question becomes, “are we getting what we pay for?”
