By Arnold Kling
A story in the Washington Post says,
A Verizon Communications Inc. executive yesterday accused Google Inc. of freeloading for gaining access to people’s homes using a network of lines and cables the phone company spent billions of dollars to build.
The comments by John Thorne, a Verizon senior vice president and deputy general counsel, came as lawmakers prepared to debate legislation that could let phone and cable companies charge Internet firms additional fees for using their high-speed lines.
Fiber to the home may be a huge white elephant technology (which, of course, liberals like former FCC Chairman Reed Hundt wanted to spend taxpayer money to provide). If the phone companies think they can shake down Google, they may want to think again.
I’ll stick to my predictions that the last mile is going to be wireless and the landline phone companies are going to be bankrupt.