Thursday, October 29, 2015

Market forces cannot address U.S. telecom infrastructure needs -- because infrastructure is not a market

Lawmakers eye broadband deployment issues | TheHill: When asked about that contention, witness Deb Socia, Executive Director of NextCentury Cities, argued that broadband was essential enough that government should step in to improve access.

She said that she believe “we’re coming to the place where we need to think of it in the same way, that it is essential infrastructure and that we need all hands on deck.

“And if the market can’t solve the problem then we need to figure out how to solve the problem.”

Socia's point goes to the nub of America's telecommunications infrastructure problem. Telecom infrastructure is not a competitive market and never will be. Market forces therefore cannot offer a solution. Indeed, as I posit in my eBook Service Unavailable: America's Telecommunications Infrastructure Crisis, the nation's excess reliance on market forces has in fact brought about the issue of inadequate infrastructure wherein large numbers of Americans lack sufficient infrastructure to reliably deliver modern Internet-based telecommunications services to their homes and small businesses.

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