Telecom scholars George Gilder and Hance Haney of the Discovery Institute authored a report last week that warns of the benefits to consumers that will be missed should Georgia neglect to reform the now-obsolete telecom laws in place.
Gilder and Haney describe the current telecomm climate as a “moment of truth for Georgia.” By updating the regulations in place, Georgia consumers will benefit from an estimated $3.3 billion in economic stimulus from new technological opportunities and economic efficiencies, the report found.
The report also mentions Georgia’s neighboring states, Alabama, Florida, North Carolina, South Carolina, and Tennessee that have since updated their telecom laws. This serves as an urgent reminder to Georgia that there is an opportunity now to maintain its image as a great place to invest and further increase high-speed internet access and adoption in Georgia, saving money for consumers and businesses.
