PhillyTablet Inquirer Daily News
Mobile
Home Delivery
philly.com
email
font size
options
 
Thursday, May 6, 2010

'Chaos' for Comcast, Verizon, Google in FCC power grab: report

UPDATE: Cable stocks fell today on fears of new FCC regulation of the broadband business. Reuters story here. FCC issued a string of statements designed to clarify what the agency plans to do.  Statements here.

EARLIER: The Federal Communications Commission's plan to regulate broadband Internet service creates "chaos" and "uncertainty" that will likely lead to less investment by Comcast and other cable-based telecom companies, Verizon and other phone and wireless providers, and even Google and other Web-based services, Bernstein Research analyst Craig Moffett tells clients  in a new report. Expect legal challenges and more details in the days and months to come.

If the FCC wins, it's good news for DirecTV and Dish Network because it could hobble their competition. And maybe for small companies that can force the giants to carry their services cheaper.  What about consumers? FCC may control broadband charges; Moffett argues that's bad because it will lead to crowded, rundown networks.
Posted by Joseph N. DiStefano @ 8:34 AM  Permalink | 10 comments
Comments   
  • 0 like this / 0 don't   •   Posted 9:35 AM, 05/06/2010
    I enjoy all the misinformation contained in just these 2 little paragraphs
    — CrayzeeGuy
  • 0 like this / 0 don't   •   Posted 10:53 AM, 05/06/2010
    Seriously, philly.com shilling for Comcast, what a surprise. Go to arstechnica.com if you want non-biased reporting of the FCC
    — th
  • 0 like this / 0 don't   •   Posted 11:09 AM, 05/06/2010
    That's an awfully biased headline..
    — Politburo
  • 0 like this / 0 don't   •   Posted 11:16 AM, 05/06/2010
    Could this article be more vague?
    — hanglikeaton
  • 0 like this / 0 don't   •   Posted 11:49 AM, 05/06/2010
    Wow, can the Inky be more biased, vague and non-informational all at once?
    — CD75
  • 0 like this / 0 don't   •   Posted 11:56 AM, 05/06/2010
    Moffett, who compiles research for the broadband companies, says this will be bad for consumers. Of course, this is a purely unbiased analysis.
    — Jimac
  • 0 like this / 0 don't   •   Posted 12:55 PM, 05/06/2010
    this report is very misleading. and why were previous comments removed?
    — Phillybilly
  • 0 like this / 0 don't   •   Posted 12:48 AM, 05/07/2010
    To understand the jist of the article ask yourself this question: Who can better manage a private network designed, built and maintained with private funds, Comcast the network owner or the unelected officials at the FCC?
    — PhillyTru
  • 0 like this / 0 don't   •   Posted 3:00 PM, 05/07/2010
    With a modest revision of PhillyTru's post (inserted within PhillyTru's text [within square brackets]), I join his opinion: "To understand the jist of the article ask yourself this question: Who can better manage a private network['s ability to put its own interests ahead of the public interest and subvert the democratic used of rights accorded by eminent domain, a company] designed, built and maintained with private funds, Comcast the network owner or the unelected officials at the FCC?"
    — Hector
  • 0 like this / 0 don't   •   Posted 11:04 AM, 05/12/2010
    Republicans are still pushing the idea that industries should self regulate. Amazing.
    — MikeP


10 comments
About Joseph N. DiStefano
Joseph N. DiStefano writes this blog to feed his PhillyDeals column in the Philadelphia Inquirer. Joe has been a member of Bloomberg LP’s New York Finance Team, wrote the book “Comcasted,” taught writing at St. Joseph’s University, and studied economics and history at Penn. Reach Joe at 215-854-5194 and JoeD@phillynews.com
Advertise Here