Well, there must be the gnashing of teeth and moaning in the inner sanctums of telcos and ISPs (probably Congress, as well): The Chairman of the FCC has come down supporting the classification of the internet as a Title II public utility (which it truly is), and the FCC will relate to it as such. This means the business interests of the telco/ISPs will come second to those of the public, and that there will be no further receiving subsidies they receive to maintain net neutrality, while trying to profit on the other side by rate differentials for broadband width:
“Specifically, Wheeler says the new rules will ban paid prioritization, which lets ISPs charge for faster access to its networks, as well as the slowdown of "lawful content and services." – engadget
Also: Mobile users, rejoice: These open internet protections will apply to you as well! Wheeler reminded everyone that the internet would look radically different had the FCC not opened up access to networking equipment in the early 1960s. Also, he reminded everyone that the phone network’s didn’t happen by accident, but by FCC rule.” Wheeler is making a very clear choice that he is favoring consumers more than businesses.
"My proposal assures the rights of internet users to go where they want, when they want, and the rights of innovators to introduce new products without asking anyone's permission," Wheeler wrote. "All of this can be accomplished while encouraging investment in broadband networks." – FCC Chairman Wheeler
There’s lots of industry pushback based on “over-regulation” calling it a European styled internet with overly protective regulations [right, because business has proven government shouldn’t protect the pblic – lol]. The industry also stated this would likely “balkanize” the net into private networks and specialized services…whatever…seems to me political entities such as China, Russia, Iran, North Korea, etc. have already done that.
So how will all this affect you? The FCC will apply provisions of Title II that allow for enhanced consumer protections and tighter controls against "unjust practices" and "discrimination," for instance, while legally ignoring ones that make other Title II companies subject to "tariffs or other form of rate approval, unbundling, or other forms of utility regulation". Hopefully not with a heavy hand.
So, a great couple of weeks for consumers: Redefinition of “broadband services” to 25Mbps/3Mbps from the laughable 4Mbps/1Mbps and Title II definition and protection of the net.
Good job, Mr. Wheeler. Thank you for listening to the public, and thank you for having the public good foremost in mind.
To the industry: This will continue to encourage innovation and HOPEFULLY some competition for a change. Don’t feel bad. This is “trickle up” for a change.