Monday, June 14, 2010

FCC to Vote on Title II Reclassification Move This Week

The Federal Communications Commission says it will vote Thursday, June 17 on issuing a notice of inquiry that would allow the agency to explore whether to reclassify broadband as a Title II common carrier service.

Wall Street will significantly halt investments in broadband networks if the FCC moves to reclassify broadband access as a common carrier, Title II service, said former Rep. Harold Ford (D-Tenn.), Broadband for America honorary co-chair.

The chairman's proposal will make investors "timid or hesitant to make the kinds of investments needed to expand broadband."

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