SoylentNews is people
SoylentNews
Submitted via IRC for SoyCow1984
It's Now Clear None of the Supposed Benefits of Killing Net Neutrality Are Real
Network investment is down, layoffs abound, and networks are falling apart. This isn't the glorious future Ajit Pai promised.
In the months leading up to the FCC assault on net neutrality, big telecom and FCC boss Ajit Pai told anybody who'd listen that killing net neutrality would boost broadband industry investment, spark job creation, and drive broadband into underserved areas at an unprecedented rate.
As it turns out, none of those promises were actually true.
Despite the FCC voting to kill the popular consumer protections late last year, Comcast's latest earnings report indicates that the cable giant's capital expenditures (CAPEX) for 2018 actually decreased 3 percent. The revelation comes on the heels by similar statements by Verizon and Charter Spectrum that they'd also be seeing lower network investment numbers in 2018.
It's not expected to get any better in 2019. According to analysis this week by Wall Street research firm MoffettNathanson, capital spending among the nation's four biggest cable providers (Altice, Comcast, Charter Spectrum, CableONE) is expected to decline upwards of 5.8 percent this year.
(Score: -1, Troll) by Anonymous Coward on Friday January 25 2019, @11:11PM
Anti-science social conservatives
useful idiots
I think the current government is looking pretty creaky and fragile under the weight of all the lies and willful ignorance
So nothing but attacks and name calling. Interesting?
we do know better
It's exhausting
Ah well at least YOU know better. Thank God! We were all sitting around waiting to know what YOU thought.
That camel's back can't take very many more straws. This is one more.
Is that sort of like the same thing as the bastion of the RNC portland? The one that currently has a measles outbreak because they read a paper once that said they might get sick because of shots?
Perhaps your views are ones of hatred. Maybe you could look at it from their POV and convince them? Or does name calling make the 'owwie' go away?