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The U.S. Federal Communications Commission is poised to vote on Dec. 14 to rescind the so-called net neutrality rules championed by former President Barack Obama. FCC Chairman Ajit Pai's proposal would repeal rules that bar internet service providers (ISPs) from blocking, slowing access to or charging more for certain content. Here are some questions and answers about net neutrality and the FCC's plans.
The merger had been one of the market’s big assumptions through 2017, but talks collapsed as Sprint’s primary owner, Masayoshi Son, demanded control of the combination, even though T-Mobile has twice Sprint’s market cap. After an initial sell-off, the T-Mobile stock price recovered, opening for trade on Nov. 22 at about $60.40 per share, higher than where it stood before the collapse. Investors are divided, either looking at a company too small to compete with bigger rivals or the healthiest pure play in the wireless space.
Google, Facebook and Netflix were relatively quiet when the net neutrality framework became law in 2015. Will they get noisier now that it could be dismantled?
Google the words “Thanksgiving Stocks to Buy” and you get 1.34 million results. Now, Google the words “Retail Stocks to Buy” and you get 1.71 million results.
The entertainment giant already owns NBC, Universal Pictures, and more, while the payments company is selling its loan portfolio to Synchrony Financial.
Yesterday’s draft order by Federal Communications Commission chair Ajit Pai, which has sweeping implications, mostly good, for the telcos and cable MSOs, such as Comcast (CMCSA), and creepy implications for Netflix (NFLX) and other Internet darlings, is just begging to be reversed by the next FCC administration, maybe even sooner, writes long-time telecom analyst Craig Moffett. Moffett sees the document gutting “Net Neutrality” thoroughly, writing "Yesterday’s FCC Draft Order on Net Neutrality went much further than we ever could've imagined, in not only reversing Title II, but in dismantling virtually all of the important tenets of Net Neutrality itself." "One just can't help feeling that this is very temporary,” he concedes, "These changes will likely be so immensely unpopular that it would be shocking if they are allowed to stand for long." The order might be "so easily be reversed by the next (Democratic) FCC,” and it "seems to be all but begging for a future FCC reversal (re-reversal?).
The Federal Communications Commission is charging ahead with its plan to end “open internet” protections, referred to as net neutrality, that it says were unnecessarily heavy-handed regulations.
The Department of Justice is slamming the brakes on AT&T. The agency is suing the company in order to block the $85.4B acquisition of Time Warner. The D.O.J. claims the deal would raise prices for subscribers and rivals, while slowing the advancements of online video. Yahoo Finance’s Alexis Christoforous and Editor-in-Chief Andy Serwer figure out if the agency has a case.