tw telecom Chief Executive Larissa Herda Addresses Public Policy Strategies To Drive Innovation And Competition
--Expresses concern over AT&T's proposal to eliminate pricing plan discounts which will lead to rate increases for business customers
--Competitive market has proven track record of stimulating innovation, delivering better customer value to fuel economic development
WASHINGTON, Dec. 4, 2013 /PRNewswire/ -- "Good public policy is designed to encourage investment and competition," tw telecom Chairman, CEO and President Larissa L. Herda said today during 'Making the Network Work: Competition, Innovation and Broadband for Business and the Communities They Serve,' a business CEO forum sponsored by the New America Foundation.
"There are many examples of how competition stimulates innovation, creates market opportunity and delivers better customer value. This winning formula contributes to economic development," she added.
tw telecom (NASDAQ: TWTC) is a leading provider of managed services including Business Ethernet, converged and IP VPN networking solutions for enterprises throughout the U.S. and to global locations.
Ms. Herda's comments were part of a business forum panel that discussed the opportunities and threats facing broadband networks, as well as the role of the FCC in ensuring the principles of competition are applied to markets as technology continues to evolve. Other panelists in addition to Ms. Herda included moderator Gene Kimmelman, Director of Internet Freedom at the New America Foundation and CEO panelists Jeff Gardner, President and CEO, Windstream; Rolla P. Huff, Chairman, CEO and President, EarthLink; and Laura W. Thomas, CFO, XO Communications.
Ms. Herda also addressed the recent suggestion that the Telecom Act of 1996 needs to be rewritten. She also noted that the '96 Act was designed to encourage competition and investment, highlighting that it has been successful in doing so. Further consensus from the panel was that the FCC has what it needs to enforce the principals and policies of the Act regardless of technology implementations.
tw telecom's customer commitment to innovation and delivering reliable network solutions, including its Intelligent Network capabilities, enables it to deliver consistent, secure, scalable and predictable network connections to enterprises throughout the U.S.
About tw telecom
tw telecom, headquartered in Littleton, Colo., is a leading national provider of managed services, including Business Ethernet, converged and IP VPN solutions for enterprises throughout the U.S. and globally. tw telecom also delivers secure, scalable private connections for transport data networking, Internet access, voice, VPN, VoIP and security to large organizations and communications services companies. Employing a resilient fiber network infrastructure, robust product portfolio and its own Intelligent Network capabilities, tw telecom delivers customers overall economic value, an industry-leading quality service experience, and improved business productivity. Please visit www.twtelecom.com for more information.
SOURCE tw telecom