AT&T CEO Calls on Congress to Restore Net Neutrality
November 14, 2018
AT&T chairman/CEO Randall Stephenson apparently believes in miracles.
Speaking Nov. 12 at the Wall Street Journal’s WSJ Tech D. Live confab in Laguna Beach, Calif., Stephenson called on politically-divided Congress to enact net neutrality guidelines for the nation’s Internet service providers.
It was wishful thinking, Stephenson agreed, joking the lawmakers can’t agree on the freezing temperature of water.
“I get fatigued every time the President changes, the head of the FCC changes, and regulations swing from left to right,” he said.
Indeed, with politics driving the Obama-era net neutrality guidelines enacted in 2015 by the Federal Communications Commission, a slightly revamped FCC three years later under President Trump rescinded the provisions that sought to treat the Internet as a utility, safeguarding content distribution against ISPs throttling, denying access, and charging higher prices for faster streaming speeds, among other issues.
To Stephenson, whose telecom is both an ISP and streaming content distributor and creator through subsidiary WarnerMedia, the lack of clear regulation will only encourage individual states to employ their own versions of net neutrality – as California lawmakers voted to do this year.
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