Friday, February 03, 2006

"The $200 Billion Broadband Scandal.”

taken from Muni Wireless

I was lucky enough to be able to look over an advance copy of Bruce Kushnick’s new book, “The $200 Billion Broadband Scandal” — it’s a powerful critique documenting the trail of broken promises and misinformation perpetrated by many broadband service providers in order to get favorable treatment, special dispensation, and competition-free access to residents across the United States. One of the most damning indictments, that United States residents have already paid for upgrades to our existing broadband infrastructure — being charged for services never delivered — and not a small amount either, but actually to the tune of $200,000,000,000. When you break it down, that’s roughly a $2,000 refund for every household that’s due for contractual obligations never fulfilled.

Here’s more from today’s official release:

New investigative ebook offers micro-history of Verizon, SBC, Qwest, and BellSouth’s (the Bell companies) fiber optic broadband promises and the consequence harms to America’s economic growth because they never delivered and kept most of the money, about $200 billion.

New York: This is one of the largest scandals in American history. America is 16th in the world in broadband and the US DSL current offerings are 100 times slower than other countries such has Japan and Korea. How did we go from Number 1 in the web to 16th in broadband and falling?

But more importantly, are customers owed $2000 for a fiber optic service they paid for but never received? Did towns and cities, libraries and schools, government agencies, and every residential and business customer subsidize new networks that never showed up?

And did America lose $5 trillion in economic growth, $500 billion annually, because of these missing networks?

Broadband Scandals is a well-documented expose, 406 pages and 528 footnotes. Using the phone companies’ own words (and well as other sources), the book outlines a massive nationwide scandal that affects every aspect of state of the Internet. Not only the web but broadband, municipalities laying fiber or building wifi networks, not to mention related issues such as such as VOIP, cable services, the cost of local phone service, net neutrality, the new digital divide, and even America’s economic growth.

The fiber optic infrastructure you paid for was never delivered.

more at Muni Wireless

I want MORE SPEED!!!

Andrew

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