The FCC has asked the AT&T (NYSE: T) for more information about its fiber plans, two days after Chairman and CEO Randall Stephenson said his company would delay rollout of FTTP services amid what appears to be a regulatory climate favoring strong net neutrality. FierceTelecom has a complete report on this latest development.
The FCC is asking AT&T to provide more information about comments that CEO Randall Stephenson made saying that the company would delay new fiber network investments pending the outcome of the proposed net neutrality rules.
AT&T CEO and Chairman Randall Stephenson came out against President Barack Obama's plea to ask the FCC to reclassify broadband providers under Title II, a move that he says is driving it to pause the expansion of its ambitious fiber-to-the-premises (FTTP) project into 100 U.S. cities.
AT&T announced it plans to acquire Mexican wireless network operator Iusacell for $2.5 billion, a figure that includes Iusacell's debt. Via the acquisition, AT&T said it will gain Iusacell's 8.6 million wireless customers, its 3G GSM/UMTS network that covers roughly 70 percent of Mexicans, and the ability to offer "the first-ever North American Mobile Service area covering over 400 million consumers and businesses in Mexico and the United States," the company said.
Randall Stephenson, AT&T's CEO, met with FCC Chairman Tom Wheeler earlier this week asking him to not reclassify wireline broadband services under Title II of the Communications Act.
AT&T CEO Randall Stephenson told separate antitrust subcommittees in both the U.S. House and Senate that his company's proposed acquisition of DirecTV would "put downward pressure on cable products--cable bundles, cable video and cable broadband" but stopped short of assuring elected representatives that prices would be coming down.
AT&T CEO Randall Stephenson said it would be a "stretch" for a deal between No. 3 carrier Sprint and No. 4 player T-Mobile US to get approved by regulators.
AT&T's proposed $48.5 billion deal to acquire DirecTV will not only make it a powerhouse video provider. As part of the deal with DirecTV, AT&T has committed to expand its broadband services footprint to 15 million customer locations, particularly in unserved rural areas where the telco does not provide service today, using a combination of fiber to the premises (FTTP) and wireless local loop technologies.
T-Mobile US CEO John Legere has been unabashed and aggressive in getting the carrier back to growth, delivering 3.7 million net new subscribers from the second through fourth quarters of 2013. He also was paid to the tune of $29.2 million in 2013, making him the second highest paid wireless executive in 2013 after Sprint CEO Dan Hesse.
AT&T fed into the growing 1 Gbps fiber to the home (FTTH) craze earlier this week when it announced its plans to extend its last-mile fiber network to 100 of what it calls candidate cities and municipalities nationwide, including 21 new major metropolitan areas. But the $1 million question is: Will it actually make good on this promise?