Verizon CEO took us on a tour of the next-generation internet: telco-style

Verizon CEO Lowell McAdam just took us on a tour of the next-generation internet: telco-style — Tech News and Analysis: "McAdam is seemingly unaware or willfully ignoring the contradiction inherent in charging users more for using a lot of broadband while trying to build demand for faster services. While Google is trying to push the envelope on new services and faster networks, the companies that own most of these networks are concerned with keeping the envelope full of cash.

Again, this behavior makes sense given that telcos have a duopoly situation in most parts of the country. There’s no need to focus on making a service better, or to drive demand for a product, when you’re the only company that sells that product; especially if greater demand has historically meant that you need to then lay out more money for spectrum or digging new trenches." 'via Blog this'