Loading...
Loading...
Today, Cogent Communications Group,
Inc.
CEO Dave Schaeffer offered to resolve the impasse between Cogent and
major telephone and cable companies (Verizon, Comcast, AT&T, and Time Warner
Cable) over upgrading the connections necessary to exchange Internet traffic,
including streaming video traffic like Netflix, by paying the capital cost
required for these companies to upgrade the connections (as well as Cogent's
own costs) to ensure adequate capacity to deliver quality service to the
customers of Cogent and these ISPs that have refused to upgrade traffic
exchange capacity. Schaeffer said that for over a year customers of these
ISPs have been suffering from the bottleneck imposed by these carriers.
"Cogent believes the traditional Internet model in which each party bears its
own capital costs to upgrade an interconnection should be the model for these
relationships but the reality of the gatekeeper power exercised by these
telephone and cable companies requires that Cogent accept these additional
costs in order to provide the highest quality Internet service possible," said
Schaeffer.
To be clear, Cogent is not offering to enter into paid peering arrangements
with these or any other networks. Rather, Cogent is simply willing, at this
time, to incur the capital costs associated with augmenting its
interconnections with these networks to address the current level of traffic
congestion. Cogent believes that these major telephone and cable companies
are attempting to leverage their monopoly on broadband residential Internet
connections to increase their profits by imposing tolls on traffic requested
by their customers and delivered by other Internet service providers.
Cogent believes that Title II classification is the optimal regulatory path to
eliminate these tolls and preserve the open Internet. In the meantime, Cogent
supports the FCC's effort to enforce and enhance the FCC's transparency rules
and today submitted comments to the FCC in which Cogent offered concrete
proposals that would advance the goals of the FCC's Open Internet Order.
Cogent looks forward to continuing conversations with the FCC and the Internet
community on these proposals and on the best ways to preserve a robust,
innovative and truly open Internet.
Loading...
Loading...
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: News
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in