Sprint Corp Surprisingly Supports Stricter U.S. Regulations for Internet Service Providers
Published By : 11 Feb 2015 | Published By : QYRESEARCH
With the surprising backing to the stricter U.S. regulations for country’s internet service providers, Sprint Corp was intending to show that the tightening rules will not stop telecom players from investing in U.S.’s telecom sector, Stephen Bye, Sprint’s Chief technology Officer said in an interview.
Bye further said that the topic is highly politicized and highly charged and that the company had taken a
step back and said it works it would work in the interest of its consumers, customers, and the industry. However, Sprint found out that some of the arguments of its competitors were less than compelling, Bye stated in the interview.
He added that the competitors will continue to invest in U.S.’s telecom sector and so they were representing a situation that will not play out.
Sprint’s stand has come as a stark contrast to other key businesses of the U.S. cable television and wireless network market such as Verizon Communications Inc., AT&T Inc., Comcast Corp., and Time Warner Cable Inc.
These companies say that they support the concept of net neutrality, a concept that means treating all web traffic as equal, but strongly oppose the new regulations proposed by Federal Communications Commission for regulating internet service providers more strictly under a communications law segment that would treat internet service providers more like traditional telephone companies. These companies will challenge the proposed regulations after FCC votes February 26, 2015 in the court.
Verizon's Chief Executive Officer Lowell McAdam said last week in a call with investors that the stricter regulations are a completely wrong way. This situation will stifle innovation and job creation.
But according to Bye, the recent spectrum auction worth a record $44.9 billion is an excellent proof for the fact that companies in the industry are very much willing to invest.