One of AT&T's (NYSE: T) top regulatory executives claims that the FCC's Title II net neutrality rules has caused it "to shelve a bunch of stuff" over fears that new services would violate the regulator's new rules.
Bob Quinn, senior VP of federal and regulatory, said in a Politico article that the telco did not want to offer a similar service like T-Mobile US' (NYSE:TMUS) new Binge On video aggregation service because AT&T executives were unsure how the FCC would react to the action.
Joining other incumbent telcos such as CenturyLink (NYSE: CTL) and Verizon (NYSE: VZ), AT&T has continued to argue that the FCC's net neutrality rules would hinder innovation and investment in new services and networks.
Quinn's argument is similar to AT&T's previous stance that it would put a hold on new FTTH investments. However, the service provider later relented to FCC pressure to continue its build, while committing to bring service to an additional 12.5 million homes as a provision of its agreement to acquire DirecTV.
FierceWireless has this coverage.