Netflix supports municipal broadband providers' moves to lift state restrictions

Netflix (NASDAQ: NFLX) has grand ambitions to expand its 4K/UHD content library and sees municipal providers that are deploying their own fiber-to-the-premises (FTTP) networks as a key enabler. In a filing with the FCC, the online video provider cited its support for the growing movement from cities such as Chattanooga, Tenn., and Wilson, N.C., which are asking the FCC to preempt state laws that are preventing them from extending their 1 Gbps municipal broadband networks to unserved and underserved areas surrounding both cities. Read more

Suggested Articles

Telefónica's cybersecurity company, ElevenPaths, expanded its cloud security solutions portfolio by working with Palo Alto Networks.

Despite subscribers' response to Verizon's 1-Gigabity service, the telco has no plans for offering the faster speed out of the current footprint.

On the heels of its Q4 earnings on Wednesday, Cisco suffered its worst day on the stock market in 11 years on Thursday.