OK, so we probably already knew this but the president of Internet protocol for French telecommunications giant Alcatel-Lucent says "Anything that can support business in an efficient way is critical for an economy."
That president is Basil Alwan, and is in NZ this week.
Faster, more efficient broadband means companies can outsource IT services to specialist contractors easier to ccut costs. Plus, being able to reliably and rapidly access global markets and business partners (i.e. with stable, fast, low latency broadband) is critical if companies were to maintain a competitive edge, he said.
This means the governments regulatory plan will need to take into account the balancing of competition with ISPs ability to invest in the network infrastructure.
"The New Zealand Institute estimated in a report recently that improved broadband could generate national economic benefits of between $2.7 billion and $4.4 billion a year."
I remember a few years ago when I and a few other people kicked up a stink about the Telecom situation, there were all the nay-sayers that said the network was fine, we should be happy with what we got and the improvement of it wouldn't help at all. They didn't want to move forward. Now what do they say? Everyone wants better faster broadband now. Especially if it adds $2.7 billion or more to our annual economy.
What's also interesting is that Alcatel-Lucent has contracts with Telecom, KordiaWikipedia, and Transpower.
Could we be seeing some broadband over powerlines (BPL)Wikipedia action soon?
In June telecom awarded Alcatel-Lucent a ($300 million) contract to build a new cellphone network based on W-CDMA.
The main point is that network operators would not want to invest in the networks if competitors don't pay enough for access to those networks.
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