FCC Seeks Details About AT&T’s Threat to Suspend Fiber Expansion Over Net Neutrality
AT&s decision to suspend fiber broadband upgrades over the Obama Administrations strong support for Net Neutrality may backfire on the telecom giants multi-billion dollar bid to acquire DirecTV.
The Federal Communications Commission has dispatched a letter to Robert W. Quinn, Jr., AT&Ts senior vice President and federal regulatory & chief privacy officer, inquiring whether AT&T really meant what it said about plans to suspend fiber expansion and that might impact at least two million additional homes that are part of a broadband expansion commitment included in AT&Ts offer to acquire DirecTV.
The FCCs Jamillia Ferris wants AT&T to clarify CEO Randall Stephensons comments at a recent investor event, requesting information that may reveal whether AT&T was using the suspension of its fiber buildout as a political weapon against Net Neutrality.
We made some comments in the DirecTV announcement that we would build fiber to two million additional homes, Stephenson said at a Wells Fargo technology conference last week. We will obviously commit to that once the DirecTV deal is done, we will keep going. But what we have also announced on top of that is that we are going to deploy fiber to 100 cities. And look, we cant go out and just invest that kind of money deploying fiber to 100 cities other than these two million not knowing under what rules that investment will be governed. And so we have to pause and we have to just put a stop on those kinds of investments that we are doing today.
The FCCs request suggests the companys answers may impact how the FCC treats AT&Ts request for approval of its merger with DirecTV.
http://stopthecap.com/2014/11/17/fcc-agency-seeks-details-fiber-pause-net-neutrality/
Guess you need to be careful when you open your mouth Stephenson.