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FCC commish blames net-neutrality policy for spending dip

Media | 09/11/2015 6:38 pm EDT

Ajit Pai, a commissioner with the U.S. Federal Communications Commission (FCC), has blamed his own organization's new net-neutrality rules for a decline in capital spending among Internet service providers this year. Text of remarks Pai made Wednesday at an event in Washington, D.C., posted on the FCC's website, cited research by economist Hal Singer showing capital spending by major wireline broadband-service providers in the United States was down 12 per cent in the first half of this year compared to the same time in 2014. He said this kind of decline was "quite...