Fred Wilson’s take on network neutrality, a frequent topic of this blog, is getting a lot of attention, for good reason: he’s right. Mark Evans also covered some of these points in his recent article. Gist – the broadband providers are jealous of the application providers’ fatter margins, but:
The Telco’s had their chance back in the mid 90s to develop all these value added services to run on their networks. They didn’t do it. They bought back stock, built golf courses, defrauded their shareholders, took on enourmous debt, and generally did everything other than take advantage of the incredible opportunity that they had with the coming of the Internet. Bottom line – the[y] screwed up.
…
I have two words for it:
Dream On
