AT&T CEO: We can't invest in fiber until net neutr
Post# of 17650
Eric Jhonsa, SA News Editor
•"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," AT&T (T +0.2%) CEO Randall Stephenson states today at a Wells Fargo conference.
•The remarks come two days after Pres. Obama called for tough net neutrality rules. Among other things, Obama called for regulating consumer broadband under Title II (common carrier) rules, prohibiting content blocking/throttling and paid-prioritization (fast lane) deals, and (unlike prior neutrality rules) applying the aforementioned prohibitions to both wireline and mobile networks.
•A skeptic might note AT&T announced on Friday (three days before Obama's neutrality remarks) it would be spending $3B less on capex next year, and that its Project VIP network expansion effort (covers both wireline and mobile investments) was ahead of schedule.
•Meanwhile, FCC chairman Tom Wheeler, who floated a neutrality proposal earlier this year that allowed paid-prioritization deals, is suggesting he disagrees with parts of Obama's proposal.