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U.S. FCC approves easing business data service regulations
Source: Reuters
BUSINESS NEWS | Thu Apr 20, 2017 | 11:58am EDT
U.S. FCC approves easing business data service regulations
The U.S. Federal Communications Commission on Thursday voted 2-1 to significantly ease regulatory requirements in the $45 billion business data services market, a win for companies like AT&T (T.N), CenturyLink (CTL.N), Verizon Communications (VZ.N) and others but could lead to price hikes for many small businesses.
The vote is a blow to companies like Sprint Corp (S.N) and others that claim prices for business data are too high and backed a 2016 plan under President Barack Obama that would have cut prices but was never approved.
(Reporting by David Shepardson)
U.S. FCC approves easing business data service regulations
The U.S. Federal Communications Commission on Thursday voted 2-1 to significantly ease regulatory requirements in the $45 billion business data services market, a win for companies like AT&T (T.N), CenturyLink (CTL.N), Verizon Communications (VZ.N) and others but could lead to price hikes for many small businesses.
The vote is a blow to companies like Sprint Corp (S.N) and others that claim prices for business data are too high and backed a 2016 plan under President Barack Obama that would have cut prices but was never approved.
(Reporting by David Shepardson)
http://www.reuters.com/article/us-usa-fcc-data-idUSKBN17M1ZO?il=0
