Cable TV, Internet and Voice provider Charter Communications is like most of the other big Internet Service Providers in that they like the idea of Federal Communications Commission Chairman Ajit Pai’s plan to do away with the net neutrality rules. The rules were enacted back in 2015 by what they are calling Obama’s Federal Communications Commission.
After Donald Trump became President, he appointed Ajit Pai to the position of FCC Chairman. Ajit Pai promised to get rid of the net neutrality rules which he seems to be doing despite the American public and the Democrats in the Senate wanting to keep them. By the way, Ajit Pai used to work for a little old Internet Service Provider called Verizon.
Pai and the Cable and Internet Service Providers like Charter maintain that the rules hinder investment even though investment has never been higher and Charter CEO Tom Rutledge himself even said “Title II, it didn't really hurt us; it hasn't hurt us," to an investors group last year.
Despite saying that the rules made it harder to invest, Charter just happened to buy Time Warner Cable AND the Bright House Networks while the rules were in effect. Now Charter provides Internet, cable TV and voice service to all of Time Warner and Bright House areas. Oh, and also Tom Rutledge made almost $100 million last year. Yeah, the whole net neutrality thing must be rough on poor Tom.
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