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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 davester666 on Friday February 28 2014, @02:53PM

    by davester666 (155) on Friday February 28 2014, @02:53PM (#8684)

    Except this immediately becomes grounds for being anticompetitive. If you are the ISP, and you want to get your subscribers to use your new video service, you really wouldn't mind if NetFlix had more buffering problems, and if iTunes can't download quite so fast.

    And it's making for fun times in the cable industry, where some of the pipes own some of the content, and then want crazy rates for other pipes to get that content. They actually use the "well, we pay this amount for the channel, so you should to" argument [ie, we transfer this much money from our left pocket to our right pocket].