Thursday, December 21, 2017
Comcast yesterday claimed that it will invest more than $50 billion in infrastructure over the next five years because of the repeal of net neutrality rules and the new tax overhaul.
But the numbers show that Comcast’s investments soared while the net neutrality rules were in place and would hit the “new” milestone if its investments continued increasing by a modest amount.
Thus, if Comcast continues increasing capital expenditures by the same rate as it did with net neutrality rules in place, the company would easily break the $50 billion figure that Roberts attributed to the net neutrality repeal and tax break.
Industry-wide, cable broadband speeds soared during the years net neutrality rules were in place.
Is anyone surprised that a major ISP with monopolies or near monopolies in several markets would be dishonest about why it wanted net neutrality repealed?