Title II kills investment? Comcast and other ISPs are now spending more

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[Commentary] Network neutrality rules and Title II common carrier regulation were supposed to derail investment in the broadband industry. The Federal Communications Commission's new rules took effect in June despite the protest of Internet service providers and Republicans in Congress, who are still fighting the new regime in courts of law and public opinion. But in the quarter ending September 30, a three-month period that occurred entirely after the FCC's rules took effect, Comcast's latest earnings report says that its "capital expenditures increased 11.0 percent to $2.2 billion" over the same period in 2014.

Comcast said its "capital expenditures increased 12.8 percent to $5.9 billion compared to the prior year." The Q3 increases are primarily due to "increased spending on customer premise equipment related to the deployment of the X1 platform and wireless gateways and our ongoing investment to expand business services," Comcast said. Comcast is also dramatically upgrading Internet speeds with a new 2Gbps fiber service and gigabit cable service.


Title II kills investment? Comcast and other ISPs are now spending more