“AT&T will pause investments to bring fiber connections to 100 cities until U.S. regulators iron out rules to regulate how Internet service providers manage their Web traffic, the company’s chief executive told investors Wednesday,” Reuters reports.
“‘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,’ CEO Randall Stephenson said,” Reuters reports. “‘We think it is prudent to just pause and make sure we have line of sight and understanding as to what those rules would look like,’ he added.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]
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Randall Stephenson is an asshole. If AT&T actually builds out its fiber network, he would just whine that we actually want to use all that bandwidth. He whines all the time about mobile data users actually using what they pay out the ass for. I read this morning that the FCC decided to call AT&T’s bluff. The asked that AT&T detail what those fiber build out plans were. Busted!