The Internet Telephony Revolution:  Reality or Hype?

The telecommunications industry seems to be on the verge of a transformation.   A breakthrough technology, Voice over Internet Protocol (VoIP), allows consumers to complete telephone calls over the Internet rather than over the standard switched access network. The FCC and state regulators are currently considering whether to regulate VoIP. Is this appropriate? What does VoIP imply for a host of other policy issues? Four leading experts discussed these and other issues raised by VoIP, such as the presence and funding of universal service objectives; policies regarding interconnection compensation between carriers; and the ability of competitors to lease facilities. Sponsoring this event was the AEI-Brookings Joint Center for Regulatory Studies.	Conference Summary
	Agenda
	Reed Hundt's Notes
	Bios
	Transcript

Wednesday, March 10, 2004
9:30 a.m.—11:00 a.m.
National Press Club: 13th Floor
529 14th Street, NW, Washington, DC 20045

9:15 a.m.        Registration 

9:30 a.m.        Panel:
     Moderator:  Robert Hahn, Executive Director, Joint Center
     Panelists:    Robert Crandall, The Brookings Institution
                    Harold Furchtgott-Roth, Former Member, FCC
                    Reed Hundt, Former Chairman, FCC  
                    Robert Litan, Director, Joint Center

11:00 a.m.      Adjournment