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Ajit Pai Promised Faster Broadband Expansion--Comcast Cut Spending Instead

posted by Fnord666 on Monday February 03 2020, @03:47PM   Printer-friendly
from the follow-the-money dept.

upstart from IRC writes:

Ajit Pai promised faster broadband expansion:

2019 was the second straight year that Comcast lowered its overall cable capital expenditures (though Comcast's spending on line extensions and scalable infrastructure rose in 2018).

This wasn't supposed to happen, according to claims that ISPs and Federal Communications Commission Chairman Ajit Pai made in order to push through the repeal of net neutrality rules and other deregulatory measures. Pai, who just today released an 11-page list of his accomplishments as FCC chair, repeatedly argued that net neutrality rules caused broadband providers to reduce capital expenditures. After his net neutrality repeal took effect in June 2018, he claimed that the repeal and other FCC deregulation caused investment to rise.

But Comcast isn't the only major ISP cutting investment, as AT&T projects that it will reduce capital spending from $23 billion in 2019 to $20 billion in 2020. Charter Communications said in October that its capital expenditures excluding mobile services would total $7 billion in 2019, down from $8.9 billion in 2018. Verizon reported a small increase in capital expenditures in the first nine months of 2019.

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  • (Score: 0) by Anonymous Coward on Monday February 03 2020, @07:49PM (3 children)

    by Anonymous Coward on Monday February 03 2020, @07:49PM (#953266)

    Trump will not be reelected one his crimes are made public. He had his son get a job paying $80k per month for a corrupt company in Ukraine, then threatened to withhold $1 billion aid if they did not fire a prosecutor who was looking into the company.

  • (Score: 2) by DannyB on Monday February 03 2020, @09:48PM (2 children)

    by DannyB (5839) Subscriber Badge on Monday February 03 2020, @09:48PM (#953306) Journal

    This is so wrong.

    This is Trump we're talking about.

    Once his crimes are made public, they will be canonized as a template of expected presidential behavior.

    Trump will not only be elected in 2020, he will also get another term in 2024 with any need of elections. He's hinted about this numerous times. Sending up "half joking" test balloons to test the waters for toxicity.

    --
    To transfer files: right-click on file, pick Copy. Unplug mouse, plug mouse into other computer. Right-click, paste.

    • (Score: 0) by Anonymous Coward on Monday February 03 2020, @10:24PM

      by Anonymous Coward on Monday February 03 2020, @10:24PM (#953322)

      Bot, troll, shill, who can say?

      Oddly it is a more accurate depiction since Biden can't be RE-elected. Very strange.

    • (Score: 0) by Anonymous Coward on Tuesday February 04 2020, @12:50AM

      by Anonymous Coward on Tuesday February 04 2020, @12:50AM (#953359)

      Trump infected china with tradewar. I am american and know china is more wisdom than 1000 year old fish, they will trick with a small beneath control situations.