Speed of Internet Innovation.

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A question that came up at an event I was at yesterday: How will the time between the first (commercial) deployment of a telephony service, and a regulated universal service obligation for telephony compare to that of the time between the first (commercial) Internet services being deployed and a USO for IP connectivity (e.g., Broadband)?

Based on this, is the cycle time of the telephony regulatory bodies, and mechanisms through which changes are implemented within these bodies suitable for Internet services?

Answers on a postcard please.