“ Which means corporations like Comcast probably can’t spend
$10 billion on inventory buybacks and elevate
dividends for shareholders as a result of increasingly of that cash will should be invested again into upgrading low-revenue access
strains to comply with the law. For cable companies like Comcast and Spectrum, upgrading their lines meant changing
only a portion of their coaxial networks with
fiber as a result of the underlying system was more knowledge sturdy as
a television distribution system. That is
because low-income individuals are profitable to serve in the long term as networks are paid off.
If that pattern is allowed to proceed, cable networks will ultimately
change into fiber to the home for the rich and legacy coaxial for low-earnings neighborhoods.
And most significantly, they will nonetheless be profitable because the cross subsidization of excessive-revenue and low-earnings residents covers the bills in the long run. ”