With the FCC taking another look at the advancements in network neutrality rules passed during the Obama administration, the topic has been on the lips of many segments of the population. Many of us consider a free an open Internet a necessity to foster innovation and investment, but the words from the lips of the big ISPs are changing, depending on whom they’re talking to.
The Internet Association, who went on record in 2015 in support local authority for Internet infrastructure investment, recently released a video about the fickle financial reporting of Comcast, AT&T, and Verizon.
The Internet Association describes the situation like this:
In our latest video, Internet Association takes a look at what Internet Service Providers (ISPs) told the government about net neutrality’s impact on investment and what they told their investors about its impact. They don’t quite match up.
Something to keep in mind: when companies like ISPs talk to their investors, they’re legally obligated to tell the truth.
The question of infrastructure investment is an important one because network investment helps the entire Internet economy grow and thrive. Innovative websites and apps fuel consumer demand for the Internet, which in turn fosters further network investment, which then fosters further innovation by websites and apps.
At Internet Association, we believe that the only way to preserve the free and open internet – and this cycle of innovation – is through strong, enforceable net neutrality rules like the ones currently on the books.
Check out the video and hear the contradictions from the lips CFOs who head up these big ISPs. What’s the real story here?