Oh, no. If anyone has illusions that politicos can somehow fix the
situation, he ought to do serious reality check. If anything, they made
that mess in the first place by creating ILEC monopolies and allowing
those supposedly regulated monopilists to strange the emerging last mile
broadband providers. With the obvious result of getting backbones to lose
the projected traffic and revenue streams.
(Of course, they were also very lax in policing conflicts of interest and
accounting practices).
The "serious economic trouble" means that some of those tier-1 providers
will go to chapter 11, and emerge with paid-for capacity and no crippling
debts (and with sane executives, too). At least 4 will survive; the
potential value of the remaining ones to their creditors will grow as
competitors die off.
--vadim
On Sat, 29 Jun 2002, Gordon Cook wrote:
> We are now halfway through 2002. the build out is complete and most
> of the builders are either in chapter 11 or in danger of going
> there. Does anyone believe that the non regulation arguments of the
> build out phase still hold? If so other than for reasons of blind
> ideology (all regulation by definition is bad), why?