Reed Hundt
Reed Hundt
Reed E. Hundtis probably best known as the chairman of the United States Federal Communications Commission from 1993 to 1997. Appointed by President Bill Clinton, he served for most of Clinton's first term. He was succeeded by William Kennard. Hundt is the CEO of the Coalition for Green Capital and a senior advisor to GTCR, a private equity firm. He is on the board of a number of technology companies, including Intel Corp., and the Connecticut Green Bank. Most...
NationalityAmerican
ProfessionPublic Servant
Date of Birth3 March 1948
CountryUnited States of America
The public owns the airwaves; Congress gave them to broadcasters for free, with the understanding that they would serve the public interest while trying to maximize profit. An aspect of serving the public is to use the immense power of electronic media to reflect evolving standards of respect for other people.
In lots of places, the Internet is like trying to shovel oatmeal down a straw. You know it's very difficult because the amount of bits that are being communicated and the services and routers in many places really aren't ready for the capacity,
Broadcasters don't have any First Amendment obligations or statutory obligations to carry hard-liquor ads. I've been saying, please just say no to this,
We still don't have to do this if broadcasters turn down the bags of bucks. A failure of broadcasters to reaffirm the voluntary ban is likely to lead to an outcry that would justify a notice of inquiry.
I really think that everyone will find?that we have given all the businesses a fair chance to compete, that the deregulation expressed in our rules has not tilted the playing field in favor of one industry over another industry, and that it's the marketplace that will determine who are the winners and who are the losers.
The reverberations at first will be subterranean, but they will be of earthquake proportions.
The New Orleans calamity proved overwhelmingly the government's inability to solve chronic, fundamental problems with communications. No one in the government has shown leadership on this issue, and now the results are tragic.
(Cable) has a very powerful infrastructure. It's got a tremendous ability to deliver high-speed Internet access. I think people will find that cable has many, many more channels to offer, making it even more attractive relative to its competitors,
The auction of AWS spectrum is primarily important because it creates the opportunity to change the market structure of the cellular industry.
As a result of this order and the WTO agreement, we predict that the average price of an international call will drop from 88 cents today to 20 cents five years from now,
Ed's not the type to rely on a lot of glitzy presentation. He's made some huge bets, and I think he's been absolutely right about them. His business decisions speak louder than his words.
This is what President Clinton called for in the 1994 State of the Union address, ... and we delivered.
Everybody agrees that you want competition. But you have to have rules of fair competition if you want to have competitors to enter the market.
Ed would say that I didn't pass the right rules and that my successors didn't pass the right rules. But the vagaries of regulation have not gotten in the way of his dream, and he's made his business dream come true.