financetom
Technology
financetom
/
Technology
/
AT&T wants Big Tech companies to pay into telecom, broadband subsidy fund
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
AT&T wants Big Tech companies to pay into telecom, broadband subsidy fund
Jun 24, 2024 11:49 AM

WASHINGTON (Reuters) - AT&T ( T ) CEO John Stankey said on Monday that Congress should give the Federal Communications Commission the power to require Big Tech firms to contribute to a government fund that subsidizes access to telecom and broadband services.

Under current law, fees are assessed on wireless and landline telephone service subscribers to support the Universal Service Fund.

"The seven largest and most profitable companies in the world built their franchises on the internet and the infrastructure we provide," Stankey said in remarks at a telecom industry forum in Utah.

"Why shouldn't they participate in ensuring affordable and equitable access to the services of today that are just as indispensable as the phone lines of yesteryear."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Where STMicroelectronics Stands With Analysts
Where STMicroelectronics Stands With Analysts
Jan 22, 2025
4 analysts have shared their evaluations of STMicroelectronics ( STM ) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
Competitor Analysis: Evaluating NVIDIA And Competitors In Semiconductors & Semiconductor Equipment Industry
Competitor Analysis: Evaluating NVIDIA And Competitors In Semiconductors & Semiconductor Equipment Industry
Jan 22, 2025
In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry comparison, evaluating NVIDIA ( NVDA ) in relation to its major competitors in the Semiconductors & Semiconductor Equipment industry. By closely examining crucial financial metrics, market position, and growth prospects,...
Forecasting The Future: 15 Analyst Projections For Microsoft
Forecasting The Future: 15 Analyst Projections For Microsoft
Jan 22, 2025
15 analysts have expressed a variety of opinions on Microsoft ( MSFT ) over the past quarter, offering a diverse set of opinions from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...
Assessing Adtran Holdings: Insights From 6 Financial Analysts
Assessing Adtran Holdings: Insights From 6 Financial Analysts
Jan 22, 2025
In the last three months, 6 analysts have published ratings on Adtran Holdings ( ADTN ) , offering a diverse range of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat...
Copyright 2023-2026 - www.financetom.com All Rights Reserved