Because the
technology of the telecommunications industry is changing
so fast, many of the traditional regulatory guidelines
are being revisited to address the issues which that new
environment has created.
Traditional cable companies are now offering wireline
(as well as wireless) phone services, and traditional
phone companies are moving toward offering a video service
for their phone customers, creating new competition for
like services. In many cases, providers of the same services are treated differently under current regulations. For example, satellite video providers sell basically the same services as cable, however they are not required to levy franchise taxes like cable companies are.
The vigorous competition that is emerging in the telecommunications market underscores
the success and health of a market-based approach to
regulation. Consequently,
the cable industry works through the legislative process to help ensure a level playing field for all
providers, and the best product at the best price for
consumers. |
