FCC introduces rules to prevent 5G price hike

The FCC, however, wants to ensure that prices don’t spiral out of control in non-competitive markets. In a statement, it said that “competition in this essential market is uneven … [which could] stifle the ability of business customers to innovate and compete.” It pointed out that excessive wholesale prices could have an especially negative effect on future 5G cellular networks, which will eat up a lot more data than LTE. The decision to regulate cable companies’ business data prices was unsurprisingly endorsed by telecoms like Verizon and Sprint, too. – Steve Dent, Engadget http://ift.tt/1O01qRW