AT&T Halt Fibre Investment Until Net Neutrality is Resolved
Ashley Allen / 3 years ago
First, President Obama voiced his support for net neutrality, asking the FCC to apply Title II of the Communications Act of 1934 to protect broadband as a utility. The ISPs responded by threatening to sue if the regulation was implemented. Then, the FCC puffed out its chest, asserting its autonomy as an independent body, one that makes its own decisions. Now, the latest move in the net neutrality row sees AT&T putting a hold on any further fibre network development until the issue of net neutrality is resolved.
AT&T’s CEO, Randall Stephenson, said at a conference today, “We can’t go out and invest that kind of money deploying fiber to 100 cities not knowing under what rules those investments will be governed.” He added, “We think it is prudent to just pause and make sure we have line of sight and understanding as to what those rules would look like.”