Comcast's Capital Spending after Reclassification: A Check on Claims
Phoenix Center Perspectives 18–03, 2018
6 Pages Posted: 19 Jun 2018
Date Written: April 25, 2018
Federal Communications Commission Chairman Tom Wheeler conceded that reclassification of broadband service as a heavy-regulated Title II service involved a trade-off between investment and openness. Yet, private interests groups argue investment has not been deterred, pointing to capital spending by Comcast, a large provider of broadband service. A review of Comcast’s capital expenditure data, however, shows clearly that the company’s growth in capital expenditures fell sharply after the 2015 reclassification decision and were below those occurring before the FCC threatened reclassification.
Keywords: Net Neutrality, Title II, Comcast, Investment, Broadband, Telecommunications
JEL Classification: L96
Suggested Citation: Suggested Citation