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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: 3, Funny) by Pslytely Psycho on Saturday January 26 2019, @02:02PM (1 child)
"Obama’s attack on the internet was another top down power grab. Net neutrality was the Fairness Doctrine. Targeting conservative media. We did, very proudly, the Repeal of that one. Now our internet Companies are spending much less money. While turning out a much better product. MAGA!!"
I thought you didn't do drugs?
Alex Jones lawyer inspires new TV series: CSI Moron Division.
(Score: 2) by Azuma Hazuki on Saturday January 26 2019, @09:16PM
He's been getting high on his own supply of butt hash. Happens when your head's permanently up your ass.
I am "that girl" your mother warned you about...