Verizon Warns Financial Sector on Net Neutrality Fight
This sounds like a load of crap to me.
A Reuters newswire article, via Yahoo! News, reports that:
Verizon Communications warned the financial services industry may not get the secure networks it needs if Congress adopts laws governing high-speed Internet broadband networks, according to a company memo obtained by Reuters on Monday.More here.
The financial services industry is weighing whether to wade into a fight over legislation on broadband service, known as "Net neutrality." It fears that without safeguards on pricing for network access, the costs to financial institutions could rise.
Verizon, the No. 2 U.S. telephone company, opposes legislation for Net neutrality and sent the memo to its consultants urging them to discuss with banking industry clients the arguments against possible legislation in the U.S. House of Representatives and Senate.
posted by Fergie @ 5/08/2006 11:17:00 AM
1 Comments:
Consumers will stick with the companies that offer the most service for the best price. At this point in time, there is no record of providers even trying to prevent consumers from viewing certain content, so whats all the fuss about? Consumers will have to stand up and fight for internet freedom.
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