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Zuckerberg Dines with European Telco Execs

posted by Dopefish on Friday February 28 2014, @08:00AM   Printer-friendly
from the nickle-and-dime dept.

strattitarius writes "Mark Zuckerberg met with top mobile and telco executives to address concerns that Internet providers are becoming "simple pipes" as apps like WhatsApp eat into high-margin over-the-top services such as text messaging and even voice communications. Orange SA CEO Stephane Richard stated "The risk for us is being excluded from the world of services".

It would seem that the telcos are realizing that they have been behind the curve as Richard stated "A service like WhatsApp, to be honest, that's something we could've and should've come up with before". Ironically in doing so, they basically make the case that they had every chance and advantage to create these apps and monetize them just as WhatsApp and Skype have done."

 
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  • (Score: 1) by Buck Feta on Friday February 28 2014, @01:04PM

    by Buck Feta (958) on Friday February 28 2014, @01:04PM (#8603) Journal

    If you don't use Facebook, Verizon, or Netflix, then you are not part of the problem.

  • (Score: 3, Informative) by Dunbal on Friday February 28 2014, @01:48PM

    by Dunbal (3515) on Friday February 28 2014, @01:48PM (#8640)

    There are deeper roots to the problem than this. Why do you use Netflix? Because it's one of the few "legal" alternatives to getting the content and only the content you want when you want it that is not ridiculously priced. Of course ISP's are going to bitch, the only model that makes sense to them is them choosing the content you get to watch. And of course content creators are going to bitch because they think their 20 year old episode of "Friends" that they have sold and broadcast countless times around the world still really is worth $10 per person per episode.

    The internet wasn't designed for top down distribution but it is being forced into that model by the middlemen. So that episode gets streamed from a central location over and over and over again, instead of moving horizontally thought the net.