Upton Commends AT&T’s $14 Billion Broadband Investment

November 8, 2012

WASHINGTON, DC – House Energy and Commerce Committee Chairman Fred Upton (R-MI) and Communications and Technology Subcommittee Greg Walden (R-OR) today issued the following statements after AT&T announced plans to invest $14 billion to expand its broadband network:

“AT&T should be commended for increasing its already large commitment to broadband expansion, especially in this fiscal environment," said Upton. "Private sector investment like this must be encouraged. That’s why the committee plans to examine in the coming months whether we need to modernize our communications policies to meet the challenges and promises of the Internet era.”

"Private investment in expanding broadband networks is essential to creating jobs and growing our economy by expanding broadband deployment, especially in rural areas," said Walden. "As the committee looks to modernize our communications policies in the next Congress, such private investment is to be commended and encouraged."