AT&T in November 2017 pushed for the corporate tax cut by promising to invest an additional $1 billion in 2018, with CEO Randall Stephenson saying that "every billion dollars AT&T invests is 7,000 hard-hat jobs. These are not entry-level jobs. These are 7,000 jobs of people putting fiber in ground, hard-hat jobs that make $70,000 to $80,000 per year."
US Sen. John Thune (R-SD) yesterday blasted the Federal Communications Commission, saying it has failed to prevent budget cuts in funding for rural broadband. "These cuts could cause providers to halt or cancel broadband buildout, reducing the availability of broadband throughout rural America," Thune also said. "This could also cause an increase to the cost of service to those who already receive service, putting at risk investments already made."
Ex-Verizon lawyer Pai will take “weed whacker” to net neutrality under Trump. Pai consistently opposed consumer protection regulations during the three-year chairmanship of Democrat Tom Wheeler, who left the FCC today. Pai opposed net neutrality rules and, after Trump's victory, said those rules' "days are numbered."