What impact will regulatory decisions made in Washington have on broadband investment, job creation, and economic recovery? A substantial one, according to a group of notable economists and investors who joined together yesterday at an event hosted by the New York Law School Advanced Communications Law & Policy Institute.
The message was clear: increased broadband regulation and potential classification under Title II of the Telecommunications Act would only create investor uncertainty, harming broadband investment and deployment, and the jobs that this sector creates. Mike Rollins, Managing Director of Research at Citi Group, stated, “When investors are looking at policy decisions they’re not just looking at what the FCC wants to accomplish today but what those policies can do over time.” For this reason, investor eyes are on Washington as the FCC began receiving public comments today as part of their Notice of Inquiry on how the regulatory framework of the Internet should look.
Click here to watch archived footage of the live stream from the event.
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