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Stock impact report

FCC votes to bring back net neutrality rules [Seeking Alpha]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
Company Research Source: Seeking Alpha
The rules would prohibit internet providers from favoring or limiting certain kinds of traffic across the network, by re-establishing the treatment of internet providers as Title II "common carriers" akin to phone companies. "We restore FCC oversight of broadband internet access, with bedrock authority in Title II of the Communications Act," said FCC Commissioner Anna Gomez. "We reinstate guardrails to safeguard and secure broadband infrastructure, and to ensure that the internet remains open and available to all." The FCC also used its new authority to revoke the right of certain Chinese companies to provide fixed or mobile broadband internet services in the U.S. over national security concerns. The move is effective within 60 days of the net neutrality order being passed. It applies to the U.S. units of China Telecom ( OTCPK:CHJHF ), China Unicom ( OTCPK:CHUFF ), and China Mobile as well as Chinese telecom firm Pacific Networks and its subsidiary ComNet. The FCC's "decision Show less Read more
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