FCC to Release Narrower Plan to Lower Broadband Costs for Businesses
October 07 2016 - 8:40AM
Dow Jones News
Federal regulators plan to release a proposal as early as Friday
that could lower broadband service rates for many small and midsize
businesses, but would largely abandon other parts of a plan to
revamp oversight of the entire business-data sector.
Senior officials at the Federal Communications Commission said
the scaled-back plan could be approved by the FCC as soon as this
month.
The so-called business-data market has proved to be a difficult
regulatory puzzle for the FCC at a time of rapid technological
transformation. FCC Chairman Tom Wheeler said in April he would try
to fashion a comprehensive new regulatory framework governing
services provided to both big and small businesses.
But FCC staff concluded there was insufficient evidence of
problems that would justify such new regulations in much of the
market.
Instead, the FCC will focus its efforts on the lower-speed
services that are typically bought by small and midsize businesses,
officials said. These services are provided through legacy
copper-line networks.
The services are dominated by providers such as AT&T Inc.
and CenturyLink Inc. FCC officials hope that lower rates could
accelerate the process of upgrading the copper-line networks.
Write to John D. McKinnon at john.mckinnon@wsj.com
(END) Dow Jones Newswires
October 07, 2016 08:25 ET (12:25 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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