Hey, Ma Bell! Your peering policies are so lame, your fiber network is slower than DSL! That’s essentially the insult that Netflix (S NFLX) is flinging at AT&T (S T) in a shareholder letter accompanying the streaming video service’s first quarter financials. The gist of the accusation is that by refusing to sign an interconnection deal with Netflix, AT&T’s customers are getting a streaming experience that sucks. It’s the same tactic Netflix employed with Comcast, putting the customer in the middle of an esoteric fight about internet interconnection agreements. Absent FCC intervention, we’ll see if the Netflix strategy works a second time around.
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