‘More Competitive Than Ever,’ Former FCC Chair on ISPs Investment

| Updated on June 10, 2024
isps investment

Former Federal Communications Commission (FCC) Chairman Ajit Pai recently stated that the US internet access market is more competitive than ever on CNBC’s “Last Call.” 

Former FCC Chair

The program, which explores the relationship between money, culture, and policy, is hosted by Brian Sullivan and airs Monday through Friday at 7 p.m. ET.

The substantial developments in the broadband industries were underscored by Pai, who oversaw the Federal Communications Commission (FCC) from 2017 to 2021. 

Pai also stressed the growing rivalry among Internet service providers in the United States. He stated that we are witnessing unprecedented levels of investment and innovation in the broadband sector. 

The increased competition among ISPs is a good sign for the US economy’s recovery because it is the first time since the 2008 economic depression that investment in these sectors has skyrocketed. 

It should also be noted that the government has significantly reduced basic prices and increased consumer benefits, which will undoubtedly help ISPs and customers establish strong connections by increasing sales and investments in the broadband sector.

Throughout his term, the FCC put into effect a number of significant regulations aimed at industry regulation, which he felt would improve the competitive landscape. 

Additionally, his efforts in 2017 to maintain net neutrality have a major impact on the current economic expansion of investments. 

Pai is among those who advocate that ISPs should be encouraged to invest more and more globally due to advancements in technology, infrastructure, and advancements in general.

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