Martin Varsavsky is the ultimate disruptive innovator for the telecom’s sector. His companies have grossed billions of dollars in the retail end of the market. He diagnoses plain short term greed as telecom companies try and squeeze internet media companies for a part of the high margins.
In this case, it is fortunate that Europe regulates its markets more vigorously than the US. France is quoted as a good example of how IP transit business is forced to operate at arms length with its financial sales operation.