Broadband Problem: Anatomy of a Market Failure and a Policy Dilemma / Edition 1

Broadband Problem: Anatomy of a Market Failure and a Policy Dilemma / Edition 1

by Charles H. Ferguson
     
 

ISBN-10: 0815706456

ISBN-13: 9780815706458

Pub. Date: 05/28/2004

Publisher: Brookings Institution Press

As the Internet revolution continues to unfold and transform telecommunications, pressure is building for faster, less expensive, and more widely accessible broadband service. Such a development would facilitate improved and less expensive traditional applications such as voice telephony and web browsing. It would also enable new and useful applications such as

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Overview

As the Internet revolution continues to unfold and transform telecommunications, pressure is building for faster, less expensive, and more widely accessible broadband service. Such a development would facilitate improved and less expensive traditional applications such as voice telephony and web browsing. It would also enable new and useful applications such as Internet-based television, videoconferencing, and software distribution. Broadband has great potential to improve efficiency and productivity, even to improve national security in some cases. Broadband service and affordability, however, have consistently lagged well behind demand and progress in information technology, with damaging results. The Internet revolution remains incomplete and threatens to stagnate if the situation continues. In The Broadband Problem, economist and technology entrepreneur Charles H. Ferguson explains the causes and ramifications of this damaging bottleneck, and he offers suggestions on improving the current state of affairs. He asserts that current telecommunications law and policy have not provided sufficient levels of new entry, competition, and innovation in the local telecom market. The continuing dominance of ILECs (incumbent local exchange carriers) in that market impedes the healthy, and much-needed, development of an efficient broadband market. The result of these policy and market failures is inadequate technological progress, innovation, and productivity in advanced Internet services and telecommunication services generally. The broadband problem is holding us back, and thus must be addressed and solved. With this important volume, Charles Ferguson has contributed mightily to that mission.

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Product Details

ISBN-13:
9780815706458
Publisher:
Brookings Institution Press
Publication date:
05/28/2004
Edition description:
New Edition
Pages:
150
Product dimensions:
6.00(w) x 9.00(h) x 0.70(d)

Table of Contents

Preface
Acknowledgments
Abbreviations
1Introduction1
2Telecommunications in the Internet age : very high stakes31
3Technological performance57
4Financial, strategic, and political conduct of the ILECs97
5The ILECs' competitors138
6The policy system and alternatives in the United States : causes and implications169
7Policy recommendations193
Notes217
Index227

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