November 18, 2016 Comments Off on FCC Drops $45B Business Data Services Reform Plan Views: 388 Connect Classroom

FCC Drops $45B Business Data Services Reform Plan

Following the election of Donald Trump, the Federal Communications Commission (FCC) has announced that it is no longer moving forward on its potential $45 billion plan to reform business data services regulation. After receiving pressure from Republicans, FCC’s Chairman Tom Wheeler revoked the item which was set for a commission vote this week.

Wheeler was proposing lower price caps for millions of businesses that are using special-access lines, which include offices, manufacturers, banks, schools, hospitals and more, used  to move large amounts of data. On top of lowering their caps, Wheeler was looking to provide the businesses using legacy systems with an 11% reduction over three years. Companies like AT&T were against the reform, whereas others like Sprint were in support.

Additional items under consideration with the change in Congressional control are net-neutrality and TV-set top boxes.

Read More at Reuters

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