AT&T and Version, the two largest phone companies, will be offering bundled packages similar to the cable companies: Internet, TV and Phone. This should result in better services and lower prices for consumers.
In my opinion, bandwidth is the driving factor in opening up the residential markets to a plethora of products and services. Much like the Rural Electrification Act of 1936 provided electricity to areas of the United States that did not have access, fiber and other high speed Internet connections will lead the way for companies to invest in providing consumers with new ways to use the Internet. “If you build it, they will come” to quote a famous movie.
GE was not going to develop, manufacturer and market an electric toaster if there were no customers. The same is true for the Internet. I believe that we have only scratched the surface on what the Internet can and will deliver to people’s homes.
Smart homes and appliances are just a few examples of what is available already. Furnaces and air conditioners would contact the repair company when they need servicing. You can control the home environment from your smart phone so that the lights are on when you pull into the driveway.
It is truly an exciting time to be in the telecommunications industry.