President Barack Obama is once again challenging major cable and telephone companies by encouraging the Federal Communications Commission to pre-empt state laws that stifle competition for high-speed Internet service. Obama wants to expand access to broadband communications services, siding with local communities that want either to expand competition or provide municipal services themselves. To promote it, he is announcing that his administration will provide technical and financial assistance to towns and cities that want to improve Internet service for their residents. The modest proposals do not require congressional approval and are part of a series of measures Obama is rolling out before his State of the Union address next week. Obama will detail his broadband plans Wednesday in Cedar Falls, Iowa, a community that has taken steps to provide high-speed Internet to its residents. The administration’s stance would put it at odds with major cable and telephone companies such as AT&T, Comcast and Time Warner Cable Inc., that currently provide Internet service, often with little or no competition. Obama has already angered the industry by calling for new FCC rules that treat Internet service providers as public utilities.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
