Today was a great day for Texas and the US. Senate Bill 5 was signed by Texas Governor Rick Perry into law and offers to radically change the telecommunications landscape in Texas. See the press release for more details.
This bill allows for telecommunications companies to obtain a statewide cable and video franchise. It also allows for telecommunications to take place across the power grid. Can you imagine how long it must take, and how much money it must cost for a big telco to negotiate all of those city level agreements? No mas!!!
Now that there is precedent, I’m sure the telcos will go after legislation in other parts of the country. I can’t wait for the new offerings that I’ve heard about. Christmas is looking good!!!
Proud to be a Texan!