FCC's Sohn Cites Need for More Broadband Competition Amid Rise of IoT
The FCC is focused on encouraging more broadband competition, said Gigi Sohn, counselor to Chairman Tom Wheeler. In a speech Tuesday at a European Competitive Telecommunications Association event in Brussels, Sohn said competition is the most effective way to achieve…
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the agency’s goals of promoting communications innovation and investment while upholding public interest values as technology changes networks. She said the benefits of competition are well known in the long distance, wireless, consumer device and information services markets. “However, in the broadband market, more work needs to be done for consumers and industry alike to realize the full range of benefits that competition can provide,” she said. Sohn highlighted FCC decisions on the IP technology transition, municipal broadband, net neutrality, USF support and broadband speeds, and its concerns that helped thwart Comcast's takeover of Time Warner Cable. She also outlined the commission’s efforts to stage a “historic incentive auction,” carry out further USF reforms to help rural and low-income consumers, and ensure “reasonable” rates, terms and conditions for special-access services in the business data market. Sohn said she recognized that the FCC values of competition, universal access, consumer protection and public safety were basically shared by the EU in its digital single-market strategy. "While our commercial markets differ and may, at times, require different policy solutions, these common values unite us," she said. Sohn said mobile networks now reach about 95 percent of the world's population, with about half having access to mobile Internet service. She noted the international Global Connect effort of governments and private parties to connect another 1.5 billion people by 2020. There are about 15 billion Internet-connected devices, she said, along with projections that number could grow to about 50 billion in five years. "McKinsey estimates that the emerging Internet of Things could generate up to $11 trillion in economic value over the next decade," said Sohn.