Wednesday, November 7, 2012

FCC Chairman Comments on AT&T Plan

FCC Chairman Julius Genachowski welcomed AT&T investment plan while noting that AT&T also filed a petition concerning rules on the evolving access network.

“AT&T’s announcement of billions of dollars in new investment in wired and wireless broadband networks is proof positive that the climate for investment and innovation in the U.S. communications sector is healthy. Today’s announcement adds to nearly $200 billion of investment in wireless and wireline broadband networks since 2009, and powerful growth in the Internet economy," stated Julius Genachowski.

“AT&T has also filed a petition with the FCC today suggesting issues to consider in our ongoing work to
modernize our rules for the evolving communications market. As we review AT&T's filing, we will
focus on the principles that have guided our actions since I became Chairman: driving the virtuous cycle
of private investment and innovation in the broadband ecosystem, promoting competition, and protecting

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