FCC Kills Build-out Requirements for Telecoms

Frankencelery writes "In a 3-2 vote, the FCC has altered cable franchising laws in the U.S. to the advantage of AT&T and Verizon. 'The FCC order imposes a 90-day limit on local communities' franchising decisions, but, more importantly, does away with build-out requirements. Those requirements generally insist that companies offer service to all the residents in the town, rather than cherry-picking the profitable areas.' Good news for the telecoms, but bad for cities who want a say in the fiber deployments."

Comments

Re:That's alot of power / control

[ObsessiveMathsFreak]

To my naive way of thinking, it seems incredible that 5 (3-2) people can veto the decision making process / power of entire cities or possibly even states, throughout the entire country.

Look pal, a modern economy needs efficient, lean companies squeezing every last drop out of their emloyees and resources so CEOs can be amply rewarded for growth at any cost. How are our companies supposed to remain lean if they have to go chasing 30, 40 500 or 5000 or whatever other communistic amount of regulartory board members so they can be given their brown paper envelopes containing unmarked used dollar bills?

No, I say. No. What we need is a small manageable amount of bribable individuals so companies can spend less resources on bribery, and more on running their business more efficiently.... into the ground. The current number is great. Sometimes you don't even have to pay them. You can just bombard them with marketers, PR guys, dime a dozen scientists and regatta parties and they mostly just end up actually believing what you say. Great stuff.