Eventually, companies like Vonage are going to get shafted because SBC (or whomever) can refuse to terminate traffic from them because they will only be handling IP traffic and not analog voice. The FCC won't be able to do anything and neither will any state regulatory bodies because both have pledged to have zero regulation in IP traffic.
I'm not an attorney, just a college student studying telecom, so take my opinion for what it's worth...
--
tom
james writes:
The FCC is now the governing body for Internet based telephony in the U.S. Vonage considers this a win, but now they are officially regulated.
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