Comcast's Investment 'Increase' Is A Giant Nothingburger
Member Admin
Joined: 7 years  ago
Posts: 9
28/12/2017 10:51 am  

A common lobbying tactic in the telecom sector is to take something you were already planning to do anyway, then when it happens claim it only could have occurred thanks to "X" policy or lobbying favor. For example you'll recall that every time AT&T wants a merger approved, the company will promise to "expand" broadband into areas it already planned to service. Regulators are frequently all-too-happy to let this disingenuous nonsense slide because (thanks to an unskeptical media) it helps portray them as having held a company's feet to the fire -- even if nothing is actually changing.

Fast forward to last week, when Comcast posted a missive to its website claiming that thanks to the GOP Tax plan and the Trump administration's attack on net neutrality, the company would be doling out $1,000 bonuses to some employees, and spending fifty billion dollars on network investment over the next five years.


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