MEDIACOM PARK, N.Y.--(BUSINESS WIRE)--Rocco B. Commisso, founder, chairman, and CEO of Mediacom Communications, issued the following statement regarding FCC Chairman Ajit Pai’s proposal to reconsider the 2015 Open Internet Regulations:
“Mediacom has long believed that the path to creating and sustaining fast, affordable, and reliable broadband access for all Americans starts with regulatory policies that encourage private companies to invest in the networks that form the backbone of the internet.
“Despite the incredible regulatory obstacles placed in our path by former FCC Chairman Tom Wheeler, Mediacom announced early last year an aggressive 3-year, $1 billion capital investment plan. Unsure if the weight of the outdated Title II regulations imposed by the Wheeler regime would ultimately spoil our efforts, the 4,600 men and women of Mediacom have worked tirelessly to, among other projects, bring gigabit internet speeds to virtually all of the 3 million homes and businesses within our 22 state footprint by the end of 2017.
“With the change in leadership at the FCC has come an encouraging sign that Mediacom made the right choice when deciding to bring ultra-fast broadband to the small cities and towns we serve across America. We thank FCC Chairman Ajit Pai for having the courage to propose reversing the mistake of Title II and returning to the light-touch regulation that fueled the growth of the internet for over 2 decades.”
About Mediacom Communications
Mediacom Communications Corporation is the 5th largest cable operator in the U.S. serving over 1.3 million customers in smaller markets primarily in the Midwest and Southeast. Mediacom offers a wide array of information, communications and entertainment services to households and businesses, including video, high-speed data, phone, and home security and automation. Through Mediacom Business, the company provides innovative broadband solutions to commercial and public sector customers of all sizes, and sells advertising and production services under the OnMedia brand. More information about Mediacom is available at www.mediacomcable.com.