Sorry, FCC: Charter will lower investment after net neutrality repeal

Charter’s earnings announcement said its capital spending rose from $7.5 billion in 2016 to $8.7 billion in 2017, with the net neutrality rules in place both years. Capital spending rose as a percentage of revenue, from 18.7 percent of $40.02 billion in 2016 to 20.9 percent of $41.58 billion in 2017. The increases helped pave the way for gigabit broadband services and an increase in minimum speeds to 200Mbps in some markets. – Jon Brodkin, Ars Technica http://ift.tt/2EMD2X3