A New Telecom Act?

An article yesterday
in Total Telecom confirms what I’ve been saying for some time: the
Telecommunications Act of 1996 is due for a rewrite.

“I think it is inevitable that we will see a new bill,” said Bill Bailey, senior counsel for the Senate Commerce Committee.”

I also seem to have guessed right on the likely time frame for the new
Act: 2010 or so.  With all the money at stake, it will take years
for a bill to make it through Congress.  Better late than never.
The current legal framework in the US is so out of step with the real
world that it must be reformed.