TechDirt

Remember When Chairman Pai Said Killing Net Neutrality Would Boost Network Investment? About That...

You'll recall that one of the top reasons for killing popular network neutrality rules was that they had somehow supposedly crushed broadband industry network investment.  You'll be shocked to learn this purported boon in investment isn't happening. A few months ago, Verizon made it clear its capital expenditure (CAPEX) would be declining, and the company's deployment would see no impact despite billions in tax cuts and regulatory favors from the Trump Federal Communications Commission. Both AT&T and Verizon have similarly announced massive workforce reductions as well.