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Is Verizon a Network Hog?
pillageplunder wrote to mention a piece in BusinessWeek asking whether or not Verizon has the right to set aside bandwidth for its own projects. They're planning a television service, and have allocated a swath of their bandwidth (which could otherwise be used for net and phone traffic) to back this service. From the article: "Leading Net companies say that Verizon's actions could keep some rivals off the road. As consumers try to search Google, buy books on Amazon.com, or watch videos on Yahoo!, they'll all be trying to squeeze into the leftover lanes on Verizon's network. On Feb. 7 the Net companies plan to take their complaints about Verizon's plans to the Senate during a hearing on telecom reform."
...asking whether or not Verizon has the right to set aside bandwidth for its own projects.
Verizon has the right to do whatever it wants with the bandwidth it pays for. If you don't like it, switch to another service. I'm sure they have a clause somewhere deep in their TOS that allows them to change the bandwidth available to their customers, otherwise they wouldn't be doing this. Anyone with conflicting info care to respond?
Isn't the IPTV which they're offering meant to be largely handled by their FIOS service? I understand at some point they have to connect to a larger pipe to serve that, but really, do you expect a company that serves so many users NOT to think of things like this beforehand?
I don't get it.
yahoo Finance: Notice the 5.92% return on assets and 22.19% return on equity.
I don't about you, but I think they're getting a real nice return. Unless, their management is comparing their returns to cocaine cartels, then they're doing pretty shitty.
I don't see this as THAT big of a deal. If Verizon is foolish enough to throttle their customers' bandwidth down noticeably, there are many other offerings in the ISP industry, and people will not put up with slow Internet, pretty video feeds or not.
So let them try.
Some people would say that we paid for it.
What if that mime really is trapped in a box?
Verizon's network. Verizon's decision. And when Google, Amazon, and eBay find their bottom lines impacted by Verizon's reduced network availability, Verizon will find their bottom lines affected.
Not unsurprisingly, people are already screaming for "big gubment" to step in...
There's a fundamental disconnect at Telco's with consumers. We think we pay our monthly DSL bill for 1.544Mbps down/ 384K up (depending on where you live). They think we're paying for a service that transfers packets, a byproduct of which involves our packets entering and leaving their network faster at some times than others. The reality is we share a single DSLAM with 250-500 of our neighbors that has a tiny little link to their core network, and at many times of the day, we cannot hope to achieve maximum throughput. Thus if they wish to saturate that link with video, they feel we have no say in the matter, as we're not actually paying for bandwidth.
In a better world, we'd of course shift our money from competitor to competitor, settling on the service that offers the best bang for the buck. Of course they know that in most parts of the country, there is only one competitor, and their service sucks in its own unique ways.
Now enter a big business friendly government. Let's not even say friendly, let's say that someone in the government has bent over and offered himself to the monopoly gods. As part of this relationship, the government uses the FCC to ensure that telco's and cable operators get their chance to make insane profits, while the rest of us bicker about Iraq, Intelligent Design, and whether the president has the authority to spy on citizens.
And? Why would this be a reason to sue? If you don't like Verizon's idea, and it bothers you enough, then use a different provider. Also, who's to say that Verizon would have used the additional bandwidth to fuel their web services?
Yes, of course! Those other companies are especially concerned about Verizon customers, and are willing to spend their own money to sue on the behalf of customers that aren't even theirs and don't make them any money!. So let me ask you - when was the last time you saw a company act so noble and unselfish? Its very rare, of course.
So basically, Verizon has an idea that they think is cool and will possibly make them a lot of money. Their competitors freaked out because they aren't to the point where they can offer the same thing, so they go on the offense and sue.
Seems like there are three ways to make money in America: work, sue, or steal. I think people who file frivolous lawsuits should have to pay the defendants attorney fees, extra court costs for wasting time, and a percentage of what they originally asked for in compensation to the defendant. This "sue everyone for everything" crap is terrible.
PS: I dont think they ever expect to win this case, either. They just want the bad PR to be out there.
So what choices does Verizon have?
a) build a cool idea on their network.
b) pay Sprint or someone to run their video traffic. (rofl)
c) abandon an idea they feel will make decent money.
Look, if their customers don't like it, they will leave Verizon, and Verizon will have wasted a huge amount of money building this thing out and promoting it. Let the freakin market decide what is good or crap - dont freakin sue over every single thing you disagree with. It's disgusting...
I was told that I could listen to the radio at a reasonable volume from nine to eleven...
Because I paid for it and that's not what I want them to do with it.
Excuse my speling.
Making The Bar Project
Common Carrier Status
sig?
As was pointed out earlier, they are a "common carrier" which, according to this definition must "serve indifferently all potential users". Obviously this doesn't work if you are serving yourself preferentially.
"The urge to save humanity is almost always a false front for the urge to rule it."
- H. L. Mencken
And I'll do what I want with it.
Excuse me while I dig up the storm drain in my front yard, and cut down the telephone poles in the front and back.
You see, the free market only applies when the market was established via free conditions. If the government intervened in some fashion to create a monopoly (Verizon, you get to be the telephone carrier for this area), then the government MUST intervene to keep the market sane; market failures CAN be created by government, and when they are they should be checked by the government.
Geographic monopolies are often established by the state. I have no idea why one would want a geographic monopoly to run rampant and unregulated.
Otherwise, it's MY land. I want a cut of all the profits that the phone/cable/electrical companies get by stringing their lines on MY land.
WhiteWolf666 an exBush supporter. All you new-school,compassionate,save the children Republicans can rot in hell