Another telecom scenario

Dana Blankenhorn sees a silver lining for DSL providers like Covad and Earthlink in yesterday’s FCC decision. He thinks they can use wireless to bypass the Bells. The big problem I see is that they will need capital to adopt this strategy, and Wall Street is unlikely to give it to them in the current environment.

Microsoft and Intel have an opporuntiy to influence the outcome, though. Microsoft put several billion dollars into cable a few years ago when cable stocks were tanking. The investment and vote of confidence helped pull cable into its current broadband lead.