|By PR Newswire||
|December 4, 2012 04:01 PM EST||
Legislation will aim at protecting working families from predatory practices
SACRAMENTO, Calif., Dec. 4, 2012 /PRNewswire-USNewswire/ -- Today at the steps of the California State Capitol, Senator Kevin De Leon, Senator Ricardo Lara, Assemblymember Luis Alejo, Assemblymember Nancy Skinner, Assemblymember Das Williams, and representatives from TURN and Consumer Federation of California joined the leaders of the movement – Two Counties One Voice – by calling for more government oversight on mergers that could harm millions of underserved Californians. Two Countries One Voice is dedicated to exposing the predatory, monopolistic practices of Carlos Slim, the richest man in the world. Recently, Slim zeroed in on California when one of his telecommunications' companies, TracFone, acquired California-based Simple Mobile without any public hearings or review by the California Public Utilities Commission (CPUC). Prepaid mobile providers like TracFone and Simple Mobile largely serve immigrant and working families.
TracFone currently has a pre-paid cellular customer base that is larger than that of Verizon Wireless, AT&T, Sprint Nextel and T-Mobile's. Now, with the acquisition of Simple Mobile, TracFone has 22 million customers nationwide – over 42 percent of the pre-paid cell phone market share – making it the LARGEST prepaid mobile provider.
"Carlos Slim is taking the model he created in Mexico that was built on the backs of the poor, charging excessively high prices and providing inadequate services, and he's expanding that model into California, the U.S., and across Latin America," said Juan Jose Gutierrez, one of the leaders of Two Countries One Voice and the President of Vamos Unidos USA. "We're here today to shine a glaring light on the damage that such practices have on a country and its people. We demand more oversight and protection here in California."
Senator Kevin De Leon and Senator Ricardo Lara wrote a letter to CPUC Chairman Michael Peevey calling for action and a full investigation during CPUC's upcoming evidentiary hearings from December 12-14, 2012. Senators De Leon and Lara also announced they will be introducing legislation that will better protect working families by ensuring the CPUC has the authority and discretion to review all mergers – including pre-paid cell phone services – when it's in the best interest of the public.
"As we become more reliant on cell phones and digital technology for every day life, we need to ensure that all consumers – especially underserved communities – are protected," said Senator De Leon. "Our legislation is aimed at providing better protections for working families by requiring proper government oversight and rigorous review by the CPUC."
"We will not stand by quietly while hard-working Californians spend their honest-earned money on excessive charges associated with something that most of us take for granted: making a simple phone call," said Senator Ricardo Lara.
When TracFone purchased Simple Mobile in June 2012, the CPUC did not require hearings or scrutiny of Slim's acquisition. The current law does not require the CPUC to hold hearings on all mergers and is prescriptive as to when the CPUC may deem additional hearings necessary in the public interest.
In the United States, Slim has four million TracFone customers participating in government phone assistance programs. Slim has collected $10 per phone he provides to these consumers, totaling a minimum of $38 million in U.S. federal subsidies this year alone. Yet, TracFone refuses pay its share of the public services fee that funds California's programs for the poor. By some conservative estimates, TracFone may be liable for $13 million in unpaid fees and additional penalties to the CPUC.
"We have been watching Carlos Slim gobble up company after company – growing his empire at the expense of struggling families" said Andres Ramirez, one of the leaders of Two Countries One Voice. "And today, we are joined by others who see this injustice and are committed to speaking up for those without a voice."
"It is important that we empower the CPUC to hold public hearings and engage in rigorous reviews of mergers that may impact consumers' rates and access to reliable services," said Richard Holober, Executive Director of Consumer Federation of California. "Especially with companies with questionable customer service records, we must ensure our government provides protections to underserved communities with less access to digital services."
BACKGROUND: Carlos Slim's power and fortune is made up primarily from his monopoly on the Mexican telecommunications system. According to the independent and highly respected Organisation for Economic Co-operation and Development (OECD), Slim's company, America Movil, which controls nearly 80 percent of the total Mexican telecom, cell and internet industries, charges exorbitant prices and provides inadequate services. Their report also shows that Slim has price-gouged Mexican customers billions of dollars for basic telephone and Internet service. They point out that those specifically and most profoundly affected by these business practices are rural and poor communities.
The impact of Carlos Slim's monopoly has resulted in Mexico ranking LAST in public investment in telecommunications compared with the 33 other OECD countries while Slim's company Telemex had a profit margin of 47 percent – one of the highest profit margins of companies within the OECD countries.
SOURCE Two Countries One Voice
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Jun. 26, 2016 11:00 AM EDT Reads: 994
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
Jun. 26, 2016 09:45 AM EDT Reads: 528
There are several IoTs: the Industrial Internet, Consumer Wearables, Wearables and Healthcare, Supply Chains, and the movement toward Smart Grids, Cities, Regions, and Nations. There are competing communications standards every step of the way, a bewildering array of sensors and devices, and an entire world of competing data analytics platforms. To some this appears to be chaos. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Bradley Holt, Developer Advocate a...
Jun. 26, 2016 08:45 AM EDT Reads: 687
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Jun. 25, 2016 03:00 PM EDT Reads: 1,552
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
Jun. 25, 2016 02:15 PM EDT Reads: 1,027
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Jun. 25, 2016 01:45 PM EDT Reads: 888
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Jun. 25, 2016 01:15 PM EDT Reads: 1,232
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Jun. 25, 2016 11:45 AM EDT Reads: 1,178
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Jun. 25, 2016 11:15 AM EDT Reads: 1,195
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. Big Data at Cloud Expo - to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is...
Jun. 25, 2016 11:00 AM EDT Reads: 1,296
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Jun. 25, 2016 10:30 AM EDT Reads: 1,246
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Jun. 25, 2016 10:15 AM EDT Reads: 1,260
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Jun. 25, 2016 10:00 AM EDT Reads: 685
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Jun. 25, 2016 09:30 AM EDT Reads: 1,089
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change t...
Jun. 25, 2016 07:45 AM EDT Reads: 1,069
Connected devices and the industrial internet are growing exponentially every year with Cisco expecting 50 billion devices to be in operation by 2020. In this period of growth, location-based insights are becoming invaluable to many businesses as they adopt new connected technologies. Knowing when and where these devices connect from is critical for a number of scenarios in supply chain management, disaster management, emergency response, M2M, location marketing and more. In his session at @Th...
Jun. 25, 2016 07:30 AM EDT Reads: 890
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
Jun. 24, 2016 01:00 PM EDT Reads: 1,338
Amazon has gradually rolled out parts of its IoT offerings, but these are just the tip of the iceberg. In addition to optimizing their backend AWS offerings, Amazon is laying the ground work to be a major force in IoT - especially in the connected home and office. In his session at @ThingsExpo, Chris Kocher, founder and managing director of Grey Heron, explained how Amazon is extending its reach to become a major force in IoT by building on its dominant cloud IoT platform, its Dash Button strat...
Jun. 24, 2016 12:00 PM EDT Reads: 1,597
industrial company for a multi-year contract initially valued at over $4.0 million. In addition to DataV software, Bsquare will also provide comprehensive systems integration, support and maintenance services. DataV leverages advanced data analytics, predictive reasoning, data-driven diagnostics, and automated orchestration of remediation actions in order to improve asset uptime while reducing service and warranty costs.
Jun. 22, 2016 11:00 AM EDT Reads: 1,357
Vidyo, Inc., has joined the Alliance for Open Media. The Alliance for Open Media is a non-profit organization working to define and develop media technologies that address the need for an open standard for video compression and delivery over the web. As a member of the Alliance, Vidyo will collaborate with industry leaders in pursuit of an open and royalty-free AOMedia Video codec, AV1. Vidyo’s contributions to the organization will bring to bear its long history of expertise in codec technolo...
Jun. 19, 2016 12:45 PM EDT Reads: 1,248