The Federal Communications Commission (FCC) announced it will be taking a hard look at the business data services market to reform and modernize its rules surrounding the industry.
According to a press release, the FCC plans to call for public comment to ensure market conditions do not hinder innovation and competition, and to make transitions into new technology easier for businesses.
“Business data services are critical in the day-to-day life of consumers, business and industry, and are integral to the competitiveness of the U.S. economy as a whole in the information age,” stated the FCC release.
“Users include banks and retailers connecting ATM machines and credit card readers, government and corporate users connecting branch offices and data centers, and mobile phone providers offloading calls and data from wireless networks – a need that will grow exponentially with the deployment of advanced 5G wireless service.”
Additionally, the FCC has ordered AT&T, Verizon, CenturyLink and Frontier to file new special access tarrifs, stating their existing filing was “unjust and unreasonable, and had the effect of decreasing facilities-based competition and inhibiting the transition to new technologies.”