One Out of Six Washingtonians experience ‘bill shock’
May 27, 2010 6 Comments
According to a survey conducted by the FCC, 30 million Americans (one out of six in the nation including the Washingtonians) have experienced bill shock, which it defines as a sudden increase in people’s monthly bills that isn’t caused by a change in service plans.
It also shows that nearly half of cell phone users who have plans with early termination fees (ETFs) — and almost two-thirds of home broadband users with ETFs — don’t know the amount of the fees they’re accountable for
One-third of the people surveyed who said they experienced bill shock said their bills jumped by more than $50.
The wireless sector will certainly going to go under increased scrutiny from government Earlier in the week, a group of congressmen said they are going to try to revise the Telecommunications Act of 1996, and 74 congressmen said they were concerned with the FCC’s plan to regulate broadband services.
Underlying all of the commotion is questions about the nation’s broadband networks and whether there is enough competition in the marketplace, and whether the United States lags in broadband deployments compared to the rest of the world. While this primarily impacts wired broadband providers and the FCC and industry agree a light regulatory touch is best for wireless, the sector nonetheless likely will be impacted.
That being said, our congressmen better hurrying up putting a leash on our wireless service providers with tougher regulations or our institutional investors better start injecting more cash into more startups focusing on wireless services which hopefully creates more competition and options for us, the consumers.