Legal Niches

AT&T Uses U-Verse as FCC Bargaining Chip

By pete_gallagher

As Federal Communications Commission (FCC) Chairman Julius Genachowski grapples with a decision on whether or not to reclassify broadband service in order to wield influence over it, AT&T is playing hardball by threatening to cut back on its U-Verse spending in light of additional government authority.

U-Verse is an AT&T IPTV service that offers high-speed Internet, phone and television programming and counts 2.3 million current subscribers. It is currently available to 24 million homes, a number expected to reach 30 million by the end of 2011. AT&T Chief Executive Randall Stephenson told the Wall Street Journal however, that FCC reclassifying of broadband from Title 1 to Title 2 would mean, '…we have to re-evaluate whether we put shovels in the ground.'
Read More

read more

Full post as published by GamePolitics.com on June 16, 2010 (boomark / email).