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Video description

It's a historical legacy how we think about communications policy in the United States and all over the world. And it was driven by two things: One was the desire to make access universal. There really was the intention to make universal telephone service available in the United States. And it helped to create the incumbent situation that we have today, which is very difficult for anyone to figure out what to do. And oftentimes I think that the incumbents end up spending a lot of money on things that are not successful. Look at the overbuild of fiber in the late nineties, when the market bound them out on them. It would be much easier to establish what are the upper limits of the infrastructure and the technology, and let's incentivize everybody to go to that. We should assume we want the world's greatest infrastructure in our countries and our cities. So however best to do that should be what we do. And you need big companies to hire lots of people. It's not about not having big companies involved. But it's really finding a space which can be unique in each and every country where what happens at the end of the process is that we have great infrastructure that everybody can use. That should be the goal.

Added on 24 Apr 2017