Will New FCC Regulations Destroy Jobs?
New FCC regulations that will take over pricing of business broadband services could potentially eliminate nearly 44,000 jobs, according to a study by Hal Singer, principal of Economists, Inc.A press...
New FCC regulations that will take over pricing of business broadband services could potentially eliminate nearly 44,000 jobs, according to a study by Hal Singer, principal of Economists, Inc.
A press release featured on ustelecom.org, New FCC Regs Will Stifle Broadband & Kill Jobs, outlines the findings from this study, including how without these new regulations fiber-based providers would benefit immensely. For example, without these new FCC regulations, providers would be able to light up nearly 122,000 buildings nationwide.
An excerpt from the press release explains:
It is unfortunate that some are calling on the FCC to adopt policies that meddle with the competitive dynamics that have been increasing choice and lowering costs for business broadband customers,” said USTelecom President Walter McCormick. “As this paper illustrates, a competitive business broadband marketplace has emerged in the United States just as Congress envisioned when it passed the 1996 Telecommunications Act. We hope the FCC will choose a path that will build upon these successes, so we can build new broadband infrastructure to better serve American businesses and consumers.
US Telecom commissioned the study, in order to examine the impact of policies that could alter the competitive dynamics that have been increasing choices and have been lowering costs for business broadband.
The telecom industry is always in flux based on the whims and choices of federal regulations. With this US Telecom-commissioned study coming to light, it’s clear that businesses need to find more creative communication methods, such as VoIP. VoIP offers tremendous scalability for businesses of all sizes and, if need be, can adapt to any present or future FCC regulatory change with seamless ease.
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