Telecoms Promise 5G Networks If EU Cripples Net Neutrality (theverge.com)
An anonymous reader quotes The Verge:
A group of 20 major telcos including Deutsche Telekom, Nokia, Vodafone, and BT promise to launch 5G networks in every country in the European Union by 2020 -- so long as governments decide to weaken net neutrality rules. The coalition's plans are outlined in its "5G Manifesto," a seven-page document that details how the companies will roll 5G out across the continent over the next few years. However, by warning against regulation that would ensure an open internet and encouraging nations to water rules down, the companies are effectively holding the new technology for ransom... "The EU must reconcile the need for open Internet with pragmatic rules that foster innovation," reads the manifesto. "The telecom industry warns that current net neutrality guidelines, as put forward by [the Body of European Regulators], create significant uncertainties around 5G return on investment..."
The EU is asking the public to share their feedback on the manifesto.
The EU is asking the public to share their feedback on the manifesto.
Now, if the EU had any balls, it should pull the licences from those operators and give it to those who would not blackmail them. Or, better yet, promise anti-neutrality rules for AFTER the 5G network is up, then tell them to fuck-off.
The EU government says to the telcos, implement 5G or lose your corporate charter. What's good for the goose is good for the gander.
Another day closer to redwood heaven
Isn't this going to run into all kinds of anti-trust law? How can this group of companies get together and agree on something like this? Isn't this a hilarious level of collusion?
If the telcos don't want it, it must be good for the consumer.
That sentiment applies to all big business these days. Whenever a business wants regulations changed (usually with the excuse of "helping the consumer"; which is always bullshit), I always try to figure out it benefits them - and how it usually hurts the little guy. I am called cynical - but I'm always right.
I am now under the opinion that it's best and safest to reject business' desires just because they want it. Like my opinion of the TPP.
Big biz REALLY wants it and it's filled with so much legal jargon that I cannot understand. Therefore; it is prudent to be against it.
They can provide 5G but only if they can throttle the speed?
I guess they can't provide 5G then.
More than laws it has rules. You know the Golden Rule, those with the gold make the rules.
They will and have to launch 5G anyways. This is a scam to try to get something profitable from the EU for work they already have planned.
I think someone should to go the Telcos and say "We want our money back, with interest, within fifteen minutes, or we start seizing assets and jailing executives and Boards."
The world's burning. Moped Jesus spotted on I50. Details at 11.
You really believe this shit? The UK just discussed legislation to lick the asses of the content providers, shortly after the EU vote. And it will continue to worsen for UK citizens.
In fact you *need* state cartels (like the EU) to stop big corporations from exploiting countries. Think of the taxes situation: companies chose the country with the lowest taxes as their official place to be registered. This is nothing evil by the companies, but it creates competition amongst the countries about who has the lowest taxes. The end of the story is that the companies profit from super low taxes, and the countries get overloaded by debt like greece.
The only way out of this is to form a (game-theoretic) cartel of countries, as the EU is. Then you have at least *some* power over internationally acting companies.
You really think that the "Leave" blowhards like Theresa May are not in the pocket of big businesses like the telcos? Perhaps I have a bridge to sell you -- it's a nice bridge, called "London Bridge".
I don't hold out much hope, but I think that there is a greater chance that the EU will enforce net neutrality than the UK government.
You remember all those "EU regulations" that the Leave campaign warned people about? Net neutrality is likely one of them.
If you are in the UK and voted to leave, good luck buying a new car: new RHD cars are going to revert back to being much more expensive than LHD cars bought in the EU. Again: those pesky EU regulations, keeping prices down for consumers: it can't be allowed to continue.
The real "Libtards" are the Libertarians!