AT&T Halts Fiber Investment On Net Neutrality Fears

By | November 12, 2014

Scalper1 News

AT&T (T) will put on hold plans to bring superfast, gigabit-per-second Internet service to as many as 100 cities until U.S. regulators or lawmakers iron out net neutrality regulations, the company’s chief executive said Wednesday. President Obama on Monday pressured the Federal Communications Commission to impose public utility-type regulation on high-speed Internet services. Obama’s policy directive sent shares in Comcast (CMCSA), Time Warner Scalper1 News

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